Big transfer news in Wonk Land this afternoon as Ruth Porter jumps from Director of Communications at the Institute of Economic Affairs to take on the Head of Economics and Social Policy brief at deadly rivals Policy Exchange.

Porter, who has been a key part of the IEA’s recent renaissance, is said to be politically ambitious and PX is a natural feeder into the Tories. A source there chuckled this afternoon “she’s gone from the Premiership to the Champions League now”. This story has legs.