No, the Pre-Action Protocol is quite a bit more in depth than that and required a significant response including document review and research.
"The statement is true, I will not retract" is not substantive and is effectively calling the bluff. If they take it beyond a letter, those costs will balloon further.
"The statement is true, I will not retract" is not substantive and is effectively calling the bluff. If they take it beyond a letter, those costs will balloon further.