Over two hundred people have pledged to contribute financially towards bringing a private prosecution over Loans for Lordships since the CPS has shown itself unwilling to do so.

Guido has taken soundings and now believes that the best course of action is to form a special purpose vehicle to instruct a legal team and take this further. It also seems wise to first allow the Public Administration Select Committee to conduct its investigation when MPs return after the recess. They will hold evidence sessions after Parliament returns from its summer recess, and report by the end of the year.

Tony Wright plans to call Assistant Commissioner John Yates as a witness. It will be particularly interesting to see what evidence comes out at that time. Meantime if you want to be involved in the formation of a vehicle to bring a prosecution or have relevant legal experience and knowledge, email Guido.

The Courts come to a halt and the political class will be on holiday for the next month. Guido will be in touch with pledge makers with more details in due course.