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Party leadership for sale

Guido reports that, for the princely sum of around £300,000, the LibDem leader of your choosing can be purchased.

Unlike in the Tories leadership races, and let's face it - they're getting pretty good at them now, the cut off point for joining the LibDems and being able to vote in the forthcoming leadership election is after the candidates are announced. In fact, the deadline for joining the party and still being able to vote for head sandal-wearer is January 26.

It costs as little as £6 to join, and then you too could rest easy, knowing that you'd played your part in allowing Simon Hughes to lead the LibDems into electoral oblivion…