Is the Labour project in total freefall? As it emerges that Lord Levy, the party’s chief fundraiser and chap in the ermine robe at the heart of the loans scandal, has been arrested, could we also have a new Hutton on our hands as the body of a former colleague of one of the “Natwest Three”, due to be extradited to the US thanks to a bad treaty constantly again defended by Blair, is discovered? And all this on the back of months of consistent reports of failures and dodgy dealings, from Tessa Jowell’s hubby (soon to appear before an Italian judge) to Prescott’s penis. What else can go wrong for them?