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David lingerie China Cameron's clothing gift from lingerie tycoon was a massive letdown

David Cameron's costly clothing gift from lingerie tycoon Michelle Mone was, rather disappointingly, not a wardrobe-full of sexy underwear.

Mirror Online can reveal that it was, in fact...a wooly jumper.

Baroness Mone's firm, MJM International Ltd gave the Prime Minister clothing worth more than 140 in August 2014.

This led to widespread speculation that the bra magnate had sent the Prime Minister some sexy garments from the firm's range of underwear, nightwear and swimwear.

But Mirror Online can reveal the pricey item was a Scottish tartan jumper, which Mone gave to the PM during the referendum campaign.

Ministers, including the Prime Minister, are only allowed to accept gifts valued under 140. Anything above that value must be declared, and - rather embarrassingly for the Prime Minister - is held by the Cabinet Office.

Which means the Mr Cameron's wooly garment is most likely languishing in a Cabinet Office wardrobe. (Photo: Anita Russo/REX)

Other lavish gifts sent to the Prime Minister since July 2014 include a book and bronze bookends from President Obama, an oil painting from the Prime Minister of Bangladesh and some wine from the President of Algeria, which has since been drunk at an official occasion.

Yesterday it emerged that the bra firm founded by Mone had suffered a 400,000 droop into the red.

They made a loss of 388,191 in 2014.

She left the firm in August as her political and other business interests grew. (Photo: Photoshot. All rights reserved.)

Today she formally entered the House of Lords, and will act as a Government business tsar.

Ms Mone, 43, who grew up in the east end of Glasgow, has been appointed by the Department for Work and Pensions to carry out a review of the support available for people from less advantaged areas to start up their own businesses.

Her report, dubbed the Mone Review, is due for publication by next summer. Video LoadingVideo UnavailableClick to playTap to playThe video will start in 8CancelPlay now

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