Appearing at Southwark Crown Court, Michael Brown admitted committing perjury and making a false declaration to obtain a passport. Brown also faces other fraud charges involving the HSBC bank.

Judge Geoffrey Rivlin QC suggested the LibDem’s biggest backer will face a jail sentence when he is sentenced on 25 September. He has been on remand in Wormwood Scrubs for months.

Maybe he’ll get to talk at some date about the future of political financing with Lord Levy. The not too distant future…