The FT party takes off

Monkey readers looking for signs that things are looking up for the embattled media industry will be cheered by last night's Financial Times summer bash, held in Tate Britain's Duveen Galleries, home of Fiona Banner's striking Harrier and Jaguar jet fighters . The Harrier jet apparently about to plummet nose-first into the gallery floor may seem an unhelpful metaphor for medialand's fortunes. However, guests were impressed that the FT seemed to have got its summer drinks mojo back after last year's more downbeat affair, held on the sixth floor of the paper's Southwark Bridge offices. As well as the jets, the FT do had two giant women dressed as peacocks and two more running around as fairies. "Not since before Northern Rock collapsed has it been like this," said one guest admiringly.