A useful source told Guido some time ago to watch Ronnie Cohen and his bankrolling of Gordon’s ambitions. Whilst Ronnie Cohen is not in the same billionaire league as Lord Sainsbury he is heading towards being a demi-semi-billionaire. So he could give a mere tenth of his wealth and bail out the Labour party from debt – Lord Ronnie of Gordon’s Gratitude?

Ronnie made his money through venture capitalists Apax Partners. Apax is one of Britain’s leading buy-out firms and provides private equity funding for a huge number of PFI deals. The scale of Apax’s capital raising is impressive, giving a few million to Gordon would only be fair, after all if it wasn’t for PFI deals in the NHS and the like, Apax would be a lot less successful than it is today. Any donations to the Gordon for PM Campaign would be a small pay-back for all the millions he has made as a result of PFI. It would be rude not to give thanks.