Mandelson changes his mind after his moment in the sun

OPINION: Time to think bigger and aim higher for the future

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There’s not much to admire about Peter Mandelson – but it would be churlish not to offer up a modest ripple for the man’s asbestos-clad, brass-necked chutzpah.

Here is someone who enjoyed lording it in his role as an unelected commissioner in one of the world’s most undemocratic institutions – the EU.

Now, when his moment in the Brussels sun has passed, he is campaigning for a referendum to be held on Britain’s continuing membership.

It was not something he advocated while enjoying the lavish perks and lifestyle provided by his lucrative little sinecure – because he realised then, as he does now, that the British would undoubtedly vote to leave.

But the difference is that now he doesn’t really care.