The Presidents Club fallout has had political ramifications for David Meller (resigned from an educational quango and an educational charity) and Nadhim Zahawi (under pressure). Zahawi says he made his excuses and left before the event got fruity…

Other people with political links who have not had much attention include Bruce Ritchie who has given hundreds of thousands to the Tories, Peter Shalson has also given tens of thousands to Tories, Roger Orf has given hundreds of thousands to the Tories as well as backing the remain campaign. Dragons’ Den’s Theo Paphitis gave £12,000 to the Tories and £10,000 to the LibDems.

Moni Varma – the “rice king” founder of VeeTee Rice – gave £10,000 to Labour. Richard Caring is bi-partisan, over the years he has given the Tories half-a-million and lent Labour £2 million. The lobbyist Lord Jon Mendelsohn has long raised money for the Labour Party as well as donated to it.

There is no evidence or suggestion that any of them have done anything wrong. Strikes Guido that the unfortunate collateral damage of this affair will be to put people off making donations.