The Crown Prosecution Service has been given all the materials in detectives’ investigation into the cash-for-honours probe, and will soon make decide whether to bring prosecutions, the BBC writes. It would be only the 2nd prosecution under the 1925 law.

There has only ever been one prosecution involving the law at the centre of the inquiry - the 1925 Honours (Prevention of Abuses) Act - so it could take some time to decide whether to press ahead with a prosecution.