Homeys close ranks!

Texted in just now by fellow Homey-watcher MBK, from City AM:

City A.M., London's most popular business newspaper, today announces that its editor, Allister Heath, is to leave the company.

Heath, 36, is to join the Daily Telegraph as deputy editor.

Mr Heath has already pre-submitted his next half a dozen articles, in which he confuses the proposed Mansion Tax with a tax on wealth or with Francois Hollande's 75% top income tax rate; points out that the UK has the highest take from property taxes; and explains away obscene bonuses in the City of London as being "performance related".

The Daily Telegraph board has grunted its tweedy approval and asked the idealistic young chap - ever so politely - whether he might refrain from suggesting that planning constraints might not be an unalloyed good.

He'll learn, the young chap, he'll learn. Give him enough money to pay the deposit on a five-bed detached in the Home Counties and he'll soon see the benefits of keeping planning laws just the way they we like them... as to his crazy notions about having further runways at Heathrow or Gatwick... he'll learn.