NEW : The controversy is the first major crisis to hit the BBC in the day . The story was the second major crisis to hit the BBC within months . The BBC will pay Lord McAlpine £ about $ 293,480 , or about $ 293,480 . The settlement `` reflects the gravity of the allegations ... wrongly made , '' the MacQuarrie says . The case stemmed from a BBC Newsnight program on child abuse allegations .
NEW : The controversy is the first major crisis to hit the BBC in the day . The BBC will pay Lord McAlpine £ about $ 293,480 , or about $ 293,480 . The settlement `` reflects the gravity of the allegations ... wrongly made , '' the MacQuarrie says . The case stemmed from a BBC Newsnight program on child abuse allegations .