Ed Miliband copies EMI's big idea

You'll recall Charles Allen, who was brought in to EMI by Guy Hands. Hands was trying to prop up a hideously-confused, failing institution which - although much beloved, was struggling to find support or a role in the modern world.

Ed Miliband's just brought Allen in to do for The Labour Party what he did for EMI.

I'm not sure that this story is doomed to end with Citibank taking over The Labour Party and selling it to the highest bidder, but I wouldn't rule it out.