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It’s been “widely reported”… must be a fact that can be written about
Is it better than “Word on the Street is”?
“This bloke down the pub reckons”
The author is hardly some bloke down at the pub. https://lsa.umich.edu/history/people/faculty/jrcole.html
I was actually just giving an example of something less reliable than "word on the street is ", but good to know 🙂