Miliband: Victory for British public over Murdoch
Ed Miliband MP, leader of the Labour party, reacts triumphantly to the decision of Rupert Murdoch to withdraw his BSkyB bid:
"This is a victory for people up and down this country who have been appalled by the revelations of the phone hacking scandal and the failure of News International to take responsibility.
"People thought it was beyond belief that Mr Murdoch could continue with his takeover after these revelations.
"It is these people who won this victory. They told Mr Murdoch: 'This far and no further'.
"Nobody should exercise power in this country without responsibility."