This one is described as an underarm envelope - just how Mandelson was carrying his papers earlier this week. Lined with suede with a silk-lined pocket and politically neutral too. £125 from aspinaloflondon.comPhotograph: PRThe bargain option that won't cause a stir even if put through on expenses. £2.25 from paperchase.co.ukPhotograph: PRSamantha Cameron is creative director of Smythson, so this leather folio carries an obvious Tory connotation that may not be to everyone's taste. But it's handsome, and zipped for extra security. £315, from smythson.comPhotograph: PR
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