Mandy pays off £750,000 mortgage

The Daily Telegraph writes that Lord Mandelson has paid off his £750,000 mortgage on the £2.4 million house he bought in 2006.

This does not of course indicate that Lord Mandelson has received bribes from rich businessmen such as David Geffen, and it would indeed be totally improper to suggest any such thing.

I do however wonder what possessed Mandelson to announce that he will cut off the internet for 7 million filesharers, a move that’s likely to be incredibly unpopular, less than a year before the general election.

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