Lord Mandelson recently batted away the prospect of his becoming Labour leader by pointing out that he couldn’t leave the House of Lords. (“I am trapped. I believe it is for life.”) . Since then, of course, the legislation has been changed – co-incidentally they say – for peers to become commoners again. Read more
© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.