Jim Davidson had consistently denied the
allegations against him
Comedian Jim Davidson will face no further action over alleged sexual offences in the UK, the CPS has said.
The 59-year-old was first arrested in January by detectives from Operation Yewtree, which was set up after the Jimmy Savile scandal - although his arrest was not linked to Savile.
He was re-arrested in March after further allegations emerged.
His solicitor, Henri Brandman, said that the comedian was "pleased" with the news.
Mr Davidson had consistently denied the allegations against him.
The CPS said it had considered 10 allegations against Mr Davidson but said there was "insufficient evidence for a realistic prospect of conviction in relation to all complaints".
A second man arrested at the same time as Mr Davidson, a 53-year-old from Hampshire, will also face no further action, the CPS said.
The Metropolitan Police said one allegation against Mr Davidson and referred to Operation Yewtree remains outstanding, but because it falls outside UK jurisdiction it has been referred to the relevant authority.
In a statement, Mr Brandman said: "My client Jim Davidson was, of course, arrested a number of months ago in respect of allegations of a historical sexual nature.
"He is pleased to have received news today that there will be no further action relating to the allegations."
Operation Yewtree was launched following revelations that Savile had sexually abused hundreds of young people and children over four decades.
The three strands of the operation encompass investigations into the actions of Savile; allegations against "Savile and others"; and complaints against other people unconnected to the Savile investigation.
So far, 14 people have been arrested under the operation. Three of these have been charged, including publicist Max Clifford and former BBC DJ Dave Lee Travis; five have been released without further action and six remain on police bail.