Inheritance stacks

The piling up of the post-conference reporting on the two leading parties' to-ing and fro-ing on inheritance laws is now likely to have an impact on another financial issue that could affect the Tories before they get anywhere near No 10.

One wonders whether today's loss of £8m from the Tory piggy bank was judged in favour of the benefactor's family largely on account of one particular "delusional" statement he made about Margaret Thatcher, who he called

‘the greatest leader of the free world in history.’

The judge's ruling may then be even more political than you might first assume - not only did the ruling lose £8m of what could be a much-needed future election fund, but recent Tory policy makes an appeal against the ruling unlikely. Which party would want to be seen to be attempting to prise money out of the hands of a dead man's family, just at a time when it has pledged to raise the tax threshold so that

‘In a Conservative Britain you will not be punished for working hard and saving hard.’

No, that would never do.