McAlpine: BBC settlement over Newsnight child abuse claims
15 November 2012 Last updated at 22:37 GMT
The BBC has reached a settlement of £185,000 with the Conservative Peer, Lord McAlpine after a Newsnight report resulted in him being wrongly accused of child abuse.
His lawyers have warned that legal action is also being prepared against ITV's This Morning programme as well as a lengthy list of individuals who identified Lord McAlpine on Twitter.
He added it would cost them 'a lot of money'.
Mark Easton reports.