Q. It was 10 p.m. by the time the canapés appeared and by then it was already too late. The well-oiled guests, including many old friends, were not drawn from the widest gene pool; many of the men had been to ‘school’ and there was a large Oxbridge contingent, of which I was one. I was doing my best to amuse an attractive woman while my wife’s back was turned when the spouse of a well-known Guardian journalist cut me off mid-flow. ‘You’ve come up!’ she declared, apropos of absolutely nothing. ‘You’ve come up a long way, haven’t you?’ It is true that I grew up in an unfashionable part of south London and went to a minor public school before going to Oxford and then the City. I may also have married a daughter of the landed gentry, but I have always had to paddle my own boat financially.

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