Lord McAlpine 'discussing BBC settlement'

The former Conservative politician who was wrongly linked to a child sex abuse scandal is expected to reach a settlement with the BBC.

Lawyers for Lord McAlpine have indicated they are taking legal action after the programme led to the peer being mistakenly implicated in a paedophile ring that targeted children at a care home in north Wales.

Lord McAlpine and his solicitor have spoken to BBC Radio 4 Credit: Press Association

The BBC reported it was in the process of agreeing a settlement package with the former Tory Party treasurer. Lord McAlpine said the Newsnight investigation had left him devastated and got into his soul.