I see from the Sunday Times that Nick Clegg is intending to submit the name of Rumi Verjee as a new LibDem Peer. Mr Verjee is a very successful businessman, so successful that he has been generous enough to donate £770,000 to the Liberal Democrats over the years. Good on him. They need it.
Strangely the Sunday Times carried no quote from Lord Oakeshott, who has in the past been very vocal about peerages for people who have donated money to a political party. All Tories, natch. I await his wholehearted condemnation of a peerage for Mr Verjee. But I suspect I might be waiting some time.