As things are, head office wags entertain one (3,2,2)
I believe the answer is:
how it is
'wags entertain one' is the definition.
I don't know anything about this answer so I can't tell whether this works.
'as things are head office' is the wordplay.
I cannot really see how this works, but
'head office' could be 'ho' and 'ho' is found in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
I've seen this clue in The Independent.
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