THE TELEGRAPH: Michael Bloomberg has narrowly won a third term as Mayor of New York after spending a record $100 million (£60 million) on his campaign.
Mr Bloomberg, the owner of the Bloomberg news agency, spent 13 times as much as his Democrat rival Bill Thompson and won by 51 per cent to 46 per cent.
His victory was much narrower than predicted. A poll the day before the election had put him 12 points ahead.
Mr Bloomberg, 67, who has an estimated fortune of $16 billion (£9.7 billion) and is the richest man in New York, had succeeded in getting the city's mayoral term limits changed which allowed him to run for a third time.
He had originally supported a ban on three-term mayors. >>> Nick Allen | Wednesday, November 04, 2009
