In the British Press Awards of 1973, he was named Journalist of the Year for his work on labour conditions in South Africa, and he has also been a presenter of BBC Television's Newsnight.
[2] Raphael undertook national service with the Royal Artillery, and was commissioned as a Second Lieutenant on 1 June 1957,[3] subsequently serving in Germany.
After university, Raphael went to the USA where he worked as a copy boy at The Washington Post under Ben Bradlee, its editor.
[4] In 1987, Raphael briefly moved to BBC Television as a presenter of its daily current affairs programme, Newsnight (1987–1988).
[2] In March 1989 The Observer published an article by Raphael which claimed that British Aerospace was selling Tornado aircraft to Jordan at inflated prices to include the cost of bribes.
Between 1988 and 1992 Lloyd's recorded losses of some twelve billion US dollars, and Raphael wrote that it thus managed to "pauperize, if not bankrupt, as many as two in five of those who provided the market's capital."
[8] In 1987, Raphael was subpoenaed as a witness by the Daily Star when Jeffrey Archer sued it over a story that he had consorted with a prostitute, Monica Coghlan.
In the middle of the trial, Raphael was attacked by the editor of the Mail on Sunday, Stewart Steven, for having betrayed Archer as a source.
In 1999, Raphael wrote an article in The Economist which said that Archer had asked him to change his evidence and that he had lied about where he had been on the night he met Monica.