Well, Richard Caring isn’t lettting the proceeds from the recent sale of Strada burn a hole in his pocket, and it’s widely reported today that he – in the form of Caprice Holdings – is on the brink of splashing out £90m on the nighclub and private dining group which includes Annabel’s, Mark’s Club, George and Harry’s Bar.

The Duke of Westminster better look out: Mr Caring really does seem set on becoming the new ‘Mr Mayfair’. The £5m the latter is reputed to have invested in Scotts W1 looks small change in the context not just of the intended Annabel’s deal, but also the £250m he has recently spent on a building adjacent to the US Embassy in Grosvenor Square.