Karren Brady is believed to be the first government adviser on fiscal matters who has previously been arrested twice on suspicion of fraud and money laundering. While MD of Birmingham City Football Club Brady had her collar felt once in 2007 and again in 2009. As she put it at the time:

“We have been working with HM Revenue & Customs (HMRC) from the outset of the investigations. The investigation has always focused on money laundering.The Fraud Prosecution Service has identified that tax offences may be involved.”

Guido is trying to get an answer out of Osborne’s people whether this was taken into account before she became their Small Business Ambassador. It’s a party political appointment, but did anyone check?

UPDATE: CCHQ sources stress she has not been charged. Though that doesn’t quite answer the question…