The BBC is/was the world’s most trusted broadcaster. It’s impartiality stood above the fake news and politicised opinion presented as irrefuttable facts pumped out by private channels. It was held to the highest standards, and when it’s seen to have slipped – as has happened – suddenly there is no stopping a tidal wave of manufactured shock and fury flooding the media space.

The UK is focused on all the wrong things – as the economy stumbles towards disaster, we’re fixated on sleaze. The Chancellor thinks he can fix it by directing the financial sector, confirming how little he knows about the City.