Shouldn’t this song be updated now that it’s apparent that Ward was working for MI5, and the sex story was just nurtured as a devious distraction from a much bigger story? Here’s my final verse suggestion:

Recruiting spies, MI5 devised to bribe the Russian attaché,
With girls procured by their Stephen Ward, but blundering Jack got in the way;
To save their necks, they sold tales of sex, and by a smokescreen we were duped,
Our good old Press, being so sex obsessed, just took the bait and missed the scoop.