Actually, I'm not positive they were actually given the £12 million to spend... but they certainly went out on a property shopping fantasy, one to Belgravia, one to Mayfair. In Belgravia, £12 million bought 76 Eaton Square (above) - my own favourite of the two - and a sensibly modern reworking of giant three-bedroom apartment on the right side of the square. In Mayfair, the choice a slightly strange part- reconversion of a series of offices and flats back into a giant home comprising some of 44 and some of 46 next door. 44 Park Street (below) is by Northacre, and - named The Ambassadorial - goes the Ferrero Roche route in terms of ambience. Interestingly, though, there's a "curved first-floor ballroom" where Churchill once held cabinet meetings. Read the full piece here.

And here are a few photos from Northacre's Ambassadorial launch party. Security, it appears, wasn't what it should have been, and a bunch of women managed to sneak in disguised as fixtures and fittings.