The Guardian's senior reporter Vikram Dodd has tweeted:
Met commissioner says police to examine claims from Tom Watson mp of a child sex ring linked to Downing Street. Mp made claims in commons
Lord McAlpine will receive a payment of £185,000 after a settlement was reached with the BBC over false claims made in a Newsnight report.
George Entwistle will receive a 12-month salary after stepping down from the BBC, he is also reported to be entitled to his full pension.
BBC director general George Entwistle has fallen on his sword following the Newsnight child abuse scandal.