Watch Out - Mandy's About!

Highlight of the Labour conference week - by many accounts - was a typically theatrical, hammed-up, virtuoso speech on Monday afternoon - by none other than the comeback kid himself: Lord Peter Mandleson.

Currently the government's business secretary (and Deputy Prime Minister in all but name) - Lord Mandleson was formerly known, by many in the party, as Labour's Prince of Darkness.

But since his moment of triumph earlier in the week - when he outshone his boss, Gordon Brown - Lord Mandleson has been undone by an eagle-eyed and well-informed photographer.

Whose conference snaps - published yesterday in the Daily Mail - show Mandy wearing an unbelievably expensive watch - worth £21,500 apparently.

The timepiece was a Patek Philippe watch and not just any old Patek Philippe - according to the newspaper and to give the watch its full name - a Reference 5146 annual calendar in yellow gold with a dark slate grey dial.

Since most people don't own a car worth £21,500 - it does seem a tad tasteless for a senior Labour minister to be empathising with ordinary voters facing harsh economic times - with such an expensive bauble on his wrist.

For people losing their jobs - it must seem crazy that a Labour minister can go about attacking privilege and excess - while he's wearing a watch worth more than most folk earn in a year.

You can read the full story online at: www.dailymail.co.uk

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