TS WOULD LOVE to know how the Office of Fair Trading is getting on with its audit inquiry, but the watchdog is remaining characteristically tight-lipped.

Notorious for its reluctance to let media in - those press officers are harder to bypass than Nadal on clay - it is redefining the word 'schtum'.

Even TS' faithful firm contacts are reluctant to spill the beans about the top-secret talks that have been going on over the last few weeks, after which the OFT will decide whether to refer audit to the Competition Commission.

TS doesn't know what leverage the watchdog is using to keep people quiet, but we like to think it's mafia related.

| | | Settlement Statement | ********* *********