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The former Labour Party leader stepped down from the position after suffering a crushing defeat to David Cameron in 2015. Mr Paterson quizzed the Shadow Business Secretary on how Donald Trump should react following his loss to Joe Biden in the 2020 US election.
The Sky News host asked: “What advice might you have for Donald Trump on how to lose an election gracefully?”
Both Mr Miliband and Mr Paterson then burst into laughter.
The Labour MP replied: “When I lost the election, I rang up David Cameron to congratulate him and I accepted the result.
“That is what Donald Trump should be doing.
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“I sort of feel that he is going to carry on raging until the morning of January 20 when Joe Biden gets sworn in.
“I think it is an important moment, from my perspective Joe Biden’s victory is an important moment for decency.”
Despite Joe Biden surpassing the 270 points needed to win the election, Mr Trump has refused to concede defeat.
President Trump has repeatedly claimed that voter fraud was involved in the US election despite no evidence of this.
On Monday Boris Johnson was told that his “bromance” with Donald Trump has been broken up by US President-elect Joe Biden by a political commentator.
Jonathan Blake told BBC Breakfast that despite the fact Joe Biden is set to replace Donald Trump as US President, he does not expect a big shift in UK-US relations overnight.
Mr Blake said: “Joe Biden may have broken up the political bromance between Boris Johnson and Donald Trump but that doesn’t necessarily mean there is going to be a big shift in UK-US relations overnight.
“The relationship between the two countries has of course been strong for centuries.
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“How strong can depend on the political and personal relationship between the leaders of each of these countries.
“With Boris Johnson and Joe Biden what is the starting point? Well, they have never met.
“Last year Joe Biden described Boris Johnson as a physical and emotional clone of Donald Trump.
“Then there is Brexit which Joe Biden thinks is a bad idea.
“Taking the UK out of the EU is, of course, the lynchpin of Boris Johnson’s premiership.”
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