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Syria crisis: James Foley killers 'wanted $132m ransom'

21 August 2014 Last updated at 22:33 BST

Jihadists holding US journalist James Foley wanted a $132m (£80m) ransom for his release, his employer GlobalPost has said.

Mr Foley was abducted in November 2012, and a video of his beheading was released by IS earlier this week.

In the UK, police and security services are trying to identify the jihadist who appeared in footage and spoke with a British accent.

Ian Pannell reports.