Carmen Dowd of the CPS has confirmed that there will be no charges over the cash for honours scandal because of "insufficient evidence for a realistic prospect of conviction". She praised the police for their "diligence and professionalism."

Update: Lord Levy has made a statement saying he is "sincerely delighted and relieved to put this all behind me." He also said he wouldn’t comment on the police handling of the investigation, saying that others are better placed to do so, but did say he had "been disappointed by the constant leaks to the media", without saying who he thought to be responsible.

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