To Cambridge University now, where the Conservative Association has been caught literally laughing off a scandal about one of its members trying to burn a £20 note in front of a homeless man.

The Tab student newspaper revealed a video of tuxedoed Cambridge Tory Ronald Coyne taunting rough sleeper Ryan Davies earlier this year.

The Tory Association said they “shocked and outraged” by the actions of their communications officer, who was dismissed from the club.

But just two weeks later people attending the Association’s “dessert party” with Tory MP Alan Mak were laughing about the incident, according to a recording of the meeting obtained by the Tab.

One student asked Mak: “Do you think Ronald Coyne did a greater disfavour to Cambridge University or the Conservative party?”

Mak replied his actions were “not representative of the Conservative party in any sense of that word.”

But the recording reveals he was interrupted by an attendee shouting: “It should have been a £50 note”.

That’s a reference to rumours that burning a £50 note in front of a homeless person is an initiation to the notorious Bullingdon Club – alumni David Cameron, Boris Johnson and George Osborne.

The Tab reports that the tasteless joke was followed by 11 seconds of guffawing.

Despite that, Mak continued: “People are smart enough to understand it’s probably just the isolated attitudes of one individual.”

Isolated attitudes of one party more like…