Cash for Peerages

Levy returns for more police questioning

· Police reject 'theatrics' claim
· 48 people questioned so far

Lord Levy, Labour's chief fundraiser, is back in a police station this morning answering questions over the "cash-for-honours" affair - dashing any government hopes that the affair might die down over the summer.

The Labour peer - nicknamed Lord Cashpoint - answered police bail this morning after his arrest yesterday and is being interviewed by officers.

Today the police angrily rejected suggestions that Lord Levy's arrest yesterday had been "theatrical".

After a briefing to the public administration select committee by the man leading the police investigation, Scotland Yard's deputy assistant commissioner, John Yates, the chair of the committee described the police mood as "very cross" at the suggestion the arrest was "symbolic".

Will this be the final nail in the coffin for Blair's premership, between Prezza and Levy, Blair has his hands full. Forget the scandal dying over the summer, its just been given a jolt.

Any party that has been in power for a very long time gradually becomes greedy, stupid and lazy, they become complacement and arrogant and think they can get away with anything, which is why I like the US system of fixed terms.