Quarter million pound price tag for Margaret Thatcher's dispatch box

Former Prime Minster, Margaret Thatcher's, red prime ministerial dispatch box has sold at auction for almost a quarter of a million pounds.

A bidding war was sparked for the box, which was originally estimated at between £3,000 and £5,000, eventually selling for £242,500.

The dispatch box attracted bidders from South Korea, Malta and those at the auction in London.