Benji Wegg-Prosser, Peter Mandelson’s aide who is now his managing partner at Global Counsel, the advisory and lobbying operation set up to cash in on the corporate contacts of the Prince of Darkness, is one of the funders of Owen Smith’s leadership bid. Electoral Commission data released yesterday shows he lent £10,000 to Labour Tomorrow Ltd, which in turn gave the money to “Saving Labour“, the anti-Corbyn organisation trying to sign-up moderates to the Labour Party to oust Jezza.

The idea that Owen Smith is a left-winger when he is privately backed by Mandelson and allies is just incomprehensible. Guido suspects Benji is wasting his money…