Peter Mandelson, as Trade Secretary, presented Tony Blair today with the Fenner Brockway medal for his contribution to British-Indian relations. What a complex of thoughts could be, but probably aren't, passing through their minds. Peter, sacked twice by his friend, now rehabilitated by their common enemy, is the most powerful man in the country (currently some kind of regency), and he is bestowing an honour on the former most powerful man in the country.