Ex-Formula One boss Bernie Ecclestone has pleaded guilty to fraud over a failure to declare £400m held in a trust in Singapore to the government.

Ecclestone, who turns 93 later this month, was due to face trial at Southwark Crown Court in November after previously denying the charge.

The billionaire appeared at the same court today wearing a dark grey suit, supported by his third wife, Fabiana Flosi, to plead guilty to a single count of fraud.

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