Sky News is reporting that the Guardian reporter Amelia Hill has been questioned under caution after the arrest of police officer in regards of phone-hacking leaks to the paper.

If any of his journalists are charged, Rusbridger will have to walk.

Unless he’s less scrupulous than Coulson…

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At 11.15 LibDem Tim Farron tweeted one of his followers. Strangely though he was live on Sky News at the time, and though Guido couldn’t see his hands, he would be very surprised if Farron can type on a laptop without evening a glance down. The tweet was sent from the web:

Tim was on until Sky until 11.18 and Guido managed to get the screen-grab at 11.16. Busted…

You wait for ages for a good letter in the FT and suddenly two come along at once. It’s not just the eminent economists telling it like it is about the 50p tax rate this morning, but also another healthy dose of reality from the CEO of brokers Tullett Prebon, Terry Smith:

“To the ordinary person in the street, the idea that we can rescue ourselves from a crisis caused by excessive borrowing by borrowing even more must seem mad. In this respect they are possessed of far more common sense than those who are currently advocating just such a course of action and purport to be our leaders… The first step in rectifying this situation should be to make a clear and unambiguous statement about the actual debt the UK is carrying.”

Once messy public sector pensions, PFI and banking guarantees are taken into account, Smith believes out debt to be £3,589,000,000,000. MPs are reporting that their very own can arrived in the post this morning from Smith.  To keep on kicking:

Guido is amused…

Forget PMQs, forget NHS reform, forget the 5op tax rate, forget the abortion debate, Paul Waugh has today’s biggest breaking news – Larry the Downing Street cat is a bit of a lad:

“Maisy, the cat kept at the St James’ Park keeper’s cottage, has hooked up with Larry. Insiders relate that the PM’s moggy goes out all night and spends much of the day sleeping off his exploits”

Pussy galore!