Lord Mandelson was today forced to deny that he and Craig Revel Horwood are one and the same person.
The theory came to light when Adam Bolton, Sky Political Editor, commented to camera when he thought he was off-air that he had never seen the two of them in the same room together.
Lord Mandelson was unavailable to comment on Saturday evening (between 7pm and 10pm) but Revel Horwood said as he was driven from the ITV studio in the back of a black Jaguar with a red box on the seat beside him: " I am not and never have been a cabinet minister, a Lord or a queen. Well, not the first two anyway."
I couldn't possibly be peter Mandelson as I couldn't possibly afford the pay cut - and the other cuts - that would be required for such a transformation."
"Also, I don't like Brazilians - they are ever so stingy and itchy."
Lord Mandelson was seen later the same evening at a dinner party hosted by Bruce Forsyth and his toupee at the eponymous R Lean Phillips Club.