"Asked about the Business Secretary's interests, Mr Brown's spokesman said: "The whole point is that Lord Mandelson doesn't know what they are and therefore it doesn't affect his decisions as a minister."
The Cabinet Office has acknowledged that the ministerial code was changed under Gordon Brown's premiership to take out all references to blind trusts.
Earlier versions had stated: "It should also be remembered that even with a trust the minister could be assumed to know the contents of the portfolio for at least a period after its creation, so the protection a trust offers against conflict of interest is not complete." "
Comments?
The BBCdo also remind us of this:
"Tony Blair, used a blind trust. However, it sparked controversy in 2002 when it emerged that his wife Cherie used money from it to buy two flats in Bristol."
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