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As it turned out, in any case, Graham was ahead of us all. On his next move he crossed over to the conservatory via the secret passage and pointed an accusing finger in my direction.

‘I suggest,’ he said, ‘that it was Professor Plum, in the conservatory, with the candlestick.’

He was right; and at this point we conceded defeat. Joan turned the lights on and made us all a mug of cocoa, and the mood would perhaps have been shattered if the storm had not continued outside, gathering in ferocity, if anything, as midnight approached.

This time I didn’t have the excuse of a book to fetch; nor was I feeling hot or uncomfortable. I could probably just have lain there, listening to the rain against the window, the occasional crash of thunder, and sooner or later I would have nodded off to sleep. But only half an hour after I was sure that everyone had gone to bed, I climbed out from beneath the blankets and padded up the stairs in my T-shirt and underpants. The door to Joan’s room, as before, was standing ajar. As before, her curtains were open, letting in a good deal of light from the street lamps. And as before, she was lying on her back, her skin grey and luminescent in the silver lamplight, flickering sometimes into blueness as gashes of lightning streaked across the night sky. Although she was more than half covered, tonight, by the pale duvet, it was still enough to root me to the spot, my beady, impotent eyes consuming her hungrily from the safety of the shadowed doorway.

I stood, and I watched; but soon, strangely enough, it was her face that I found myself watching — the face I had seen every day for the last four days, and not the body which had been magically offered up to me in these precious, illicit glimpses. Perhaps there is something more private, more secret to be found in a sleeping face than there is even in a naked body. At rest, her lips slightly parted, her closed eyelids seeming to suggest an act of intense concentration on some distant, inward object, Joan was shockingly beautiful. It was now impossible, shameful even, that I could ever have thought her plain.

I watched.

And then suddenly her eyes were open; she was looking back at me and smiling.

‘Are you just going to stand there,’ she said, ‘or are you coming in?’

How different my life might have been, how very different, if I had stepped into her room instead of slipping back into the darkness as quickly and as silently as a dream slips from the waking mind.

On Saturday morning I left the house before any of the others were awake, and returned to London. It was the last I saw of Joan for many years. Her parents retired to a village on the South coast, so we never met up again while visiting our families at Christmas. The only news I ever heard was when my mother told me (shortly before we stopped speaking) that she had moved back to Birmingham and married a local businessman.

On Monday morning, I telephoned the Peacock Press and accepted their commission to write a book about the Winshaws.

The same afternoon, I went out and bought my first video recorder.

Thomas

Few people remember anything about the first domestic VCR, launched by Philips as long ago as 1972. The price was high, the recording time was limited to one hour, and it ended up selling mainly to commercial and institutional buyers. Thomas Winshaw bought one, all the same, and had it built into a cupboard behind one of the oak-pannelled walls of his office at Stewards. But he decided not to invest at this stage. Although he was both privately excited by the invention and keenly aware of its commercial possibilities, he sensed that its time had not yet come. Almost, but not quite.

1978 saw the first real flurry of activity. In April JVC introduced its Video Home System, retailing at £750, and only three months later Sony launched the rival Betamax machine. Over the next few years these two systems were to slug it out in the marketplace, with VHS finally proving itself the clear winner. In the autumn of 1978, when Thomas Winshaw announced that the bank would be involving itself heavily in the burgeoning industry, his fellow board members’ initial reaction was one of dismay. They reminded him that Stewards’ flirtation with the film industry in the early 1960s had not been successful, and even invoked the crisis at Morgan Grenfell ten years ago, when a major commitment to film financing had ended in a potential disaster only warded off at the last minute by intervention from the Bank of England. Thomas dismissed these precedents. He was not suggesting anything as risky as investment in film production. He simply proposed taking a modest stake in one of the leading hardware manufacturers; the software market being, as he would be the first to admit, at this stage too new, too unstable and, frankly, too sleazy. As usual, his instincts were right. Over the next five years, imports of video recorders multiplied ten times over, and by 1984 there was a machine in 35.74 per cent of British homes, as opposed to 0.8 per cent in 1979. The bank profited handsomely. Then in 1981 they became advisers and fund managers to a firm which was rapidly building up a strong market share in post-production, distribution and film-to-video transfers. With Stewards’ help, this company went on to merge with an independent video duplication house and within a few years more than three quarters of its income was coming from duplication services. Once again, the bank reaped substantial dividends. Thomas slipped up on one occasion, however: he was an enthusiastic proponent of Philips’s videodisc system, LaserVision, which was put on the market in May 1982 but after more than a year had only collected sales figures of around 8,000. The obvious explanation was that it did not offer a recording facility, and when, a few months later, JVC abruptly cancelled their own disc system, and RCA decided to halt all player production in 1984, it was clear even to the least sophisticated industry analyst that the new technology had failed to catch on. Yet Thomas maintained his commitment to a £10-million disc-pressing plant in Essex, which was running at a huge loss.

Among themselves, his colleagues would puzzle over this curious blind spot. The amount of money involved was negligible, in Stewards’ terms: but it was still the only time in Thomas’s fifteen-odd years of chairmanship that he had persisted in offering uncritical support to a palpably loss-making enterprise. And they never did guess the real reason, which was that he was enraptured with the sharp picture quality and perfect still frames offered by the video disc, which suited his own needs so admirably and took him back to the heady, exhilarating days when he used to hang around the film studios and collect discarded footage of beautiful young actresses in various stages of déshabillé. The freeze frame, for Thomas, was the very raison d’être of video: he was convinced that it would turn Britain into a nation of voyeurs, and sometimes, as he sat spellbound in the dark with the television on, his fly buttons undone and the door to his office securely locked, he would imagine identical scenes being played out in curtained rooms up and down the country, and would feel a strange solidarity with the great mass of ordinary men from whose pitiful lives he normally took such care to insulate himself.