Uniformed police were stationed outside the Prescott house in Hull on Wednesday and the gates were shut, with no sign of John or Pauline Prescott.

BBC: NEWS | UK | UK Politics | Prescott admits affair with aide

Everyone has tried to claim some credit for this success story, and the fact that Mr Chalayan was presented with his award in front of Cherie Blair and the famously fashionable Pauline Prescott, respectively the wives of the prime minister and deputy prime minister, tells it own tale.

ECONOMIST: We��re in fashion