Just checked - it seems as if a PRAM reset makes the macbook work - it has just slept overnight.
Woke it up this morning, 3% drained or thereabouts. I then closed the lid.
Woke it up this afternoon... 70% drained, it had woken up every 1 minute with the following sequence (apologies for formatting). I do not have anything plugged in to my MBA... only thing occasionally plugged in is an external HD for time machine. PowerNap is officially turned off, so it shouldn't be waking for anything...
12/11/2013 18:33:58 GMT Sleep Maintenance Sleep: Using BATT (Charge:30%) 43 secs
12/11/2013 18:34:00 GMT SlowResponse PMConnection: Response from com.apple.apsd is slow (powercaps:0x0) 1997 ms
12/11/2013 18:34:26 GMT Timedout PMConnection: Response from CMacPowerHelper timed out (powercaps:0x0) 28011 ms
12/11/2013 18:34:26 GMT WakeRequests Clients requested wake events: None
12/11/2013 18:34:41 GMT Assertions PID 16(powerd) Created InternalPreventSleep "PM configd - Wait for Device enumeration" 00:00:00 id:0xe00000b72 [System: No Assertions]
12/11/2013 18:34:41 GMT DarkWake DarkWake [CDN] : Using BATT (Charge:30%) 22 secs
12/11/2013 18:34:41 GMT HibernateStats hibmode=25 standbydelay=4200 rd=1532 ms
12/11/2013 18:34:41 GMT SlowResponse Kernel: Response from powerd is slow (powercaps:0x0) 28091 ms
12/11/2013 18:34:46 GMT Assertions PID 16(powerd) Released InternalPreventSleep "PM configd - Wait for Device enumeration" 00:00:05 id:0xe00000b72 [System: PushSrvc kCPU]