Reporting on feature of Lulworth band (8)
I believe the answer is:
covering
'reporting on' is the definition.
('cover' can be a synonym of 'report on')
'feature of lulworth band' is the wordplay.
'feature of lulworth' becomes 'cove' (Lulworth Cove in Dorset).
'band' becomes 'ring' (a ring is a band of metal).
'cove'+'ring'='COVERING'
(Other definitions for covering that I've seen before include "making new version of record" , "Enveloping" , "Protecting" , "acting as a reporter" , "Sleeve" .)