Page last updated at 11:54 GMT, Saturday, 25 October 2008 12:54 UK

Mandelson met tycoon in 2004


Lord Mandelson has admitted meeting Russian billionaire Oleg Deripaska two years earlier than previously revealed.

EU officials previously said the two had met socially in 2006 and 2007.

But in a letter to the Times, Lord Mandelson said they first met in 2004 and accepts people may have been misled by a statement issued by his officials.

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