Ed Miliband yesterday accused Lord Fink of an “extraordinary U-turn” as the Conservative donor appeared not to pursue his threat of legal action following Mr Miliband’s claims of tax avoidance.
Mr Miliband had also seemed to call Lord Fink a “dodgy donor” but later retracted the statement, saying “"I used a general term about dodgy donors to the Conservative Party, I am not saying it about Lord Fink”.
Lord Fink had accused Mr Miliband of making defamatory comments but told the Evening Standard yesterday that he did not intend to sue the Labour leader and, referring to tax avoidance, said “everyone does it”.
Lord Fink claimed Mr Miliband had made something of a U-turn himself, saying on Thursday: “Yesterday I challenged Ed Miliband to repeat the accusations he made in the Commons - that I used an HSBC bank account to avoid tax and that I was a 'dodgy donor'. He did not. This is a major climbdown by a man who is willing to smear without getting his facts straight."
Journalist James Hutchinson joined London Live to further discuss the story and to touch on some of the other news making headlines this morning.