Recession? Blue Ivy won’t be feeling the pinch

Doesn’t it warm the cockles of your heart to know that little Blue Ivy, daughter of Beyoncé and Jay-Z, has already had £1 million of gifts lavished on her since her birth last Saturday?

Forget the fact that millions of people live in squalor and abject poverty, there’s surely nothing wrong with wanting your baby to have the best start in life, right? So, for this little girl, that includes:

• Three identical nurseries in three different houses
• A £10,000 Swarovski-encrusted high chair (which will be a joy to clean I’m sure)
• A £400,000 solid gold rocking horse
• Gold and platinum rattles
• Tiffany’s dummies

I didn’t even know those kinds of things existed….