"A Conservative MP accused of paying more than £100,000 of public money into his own company announced last night that he would stand down at the general election.

"David Wilshire called the allegations "deeply hurtful and unjustified" and predicted he would be cleared by the Commons standards watchdog.

"But in a brief statement, he said he had reluctantly decided it would not be "sensible" to seek re-election as the MP for Spelthorne."

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