Miliband Calls for Murdoch’s News Corp. to Drop Bid for BSkyB

U.K. Labour Party leader Ed Miliband said Rupert Murdoch should drop a bid to buy British Sky Broadcasting Group Plc amid allegations of phone hacking that prompted the closure of one of his News Corp. newspapers.

“The first thing he should do is to drop the bid for BSkyB,” Miliband told BBC Television’s “Andrew Marr Show” today. Prime Minister David Cameron “needs to make clear that the BSkyB bid can’t go ahead until the criminal investigation is complete,” he said.