TORY MP Peter Luff has a saying: Perception is all.

Thecounty MP is not belittling the importance of substance in an argument or behaviour, just stressing that in politics things must look as well as be good.

Gordon Brown delivered his Pre-Budget Report, announcing money and tax breaks for pensioners, motorists, schools and business.

Shadow Chancellor Michael Portillo (pictured) stood up to respond, saying I begin by drawing attention to my declaration of Member's interests.

Mr Portillo's outside financial interests are no doubt totally above board and beyond criticism.

But "perception is all it didn't look good.