Scotland Yard has confirmed that Lord Levy is being held in custody under the 1925 Honours Act and the 2000 PPERA Act. Downing Street is saying this is a "Party matter and nothing to do with the Prime Minister". Did the spokesman manage to keep a straight face? Last time I looked, Tony Blair was still Leader of the Labour Party. Let me remind you that Levy is a personal friend of Blair. He plays tennis with him, he goes to parties at his house, Blair appointed him as his official envoy to the Middle East and Levy has a desk in the Foreign office. Now of course, we don't know if he will be charged, so let's not get carried away. However, this is something that Downing Street will not be able wash its hands of. He's worked hand in glove with Jonathan Powell and Ruth Turner on Peerages. The only person who can be forgiven for having a wry smile on his face this afternoon will be John Prescott - at least he knows he won't be on the front page tomorrow. Hat-tip for graphic to Theo Spark.
PS I hope Guido's role in exposing Levy's dealings will be remembered. It was Guido who asked the right questions in March. Look back in his archives if you've forgotten.