Jeremy Paxman of Newsnight says he has heard senior Tories describe activists as 'swivel-eyed loons'

Newsnight presenter's disclosure further undermines attempts by the party to shut down affair amid continuing rows over Europe and gay marriage

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Richard Branson is latest billionaire to join Bill Gates' $500bn philanthropy club Giving Pledge

Virgin founder publicly commits to give away half of his fortune to philanthropic causes

i and Independent on Sunday show largest growth in national newspaper market

Combined readership of The Independent and concise sister paper is greater than both The Guardian and Financial Times

The former Culture Secretary James Purnell, who sensationally quit the Labour cabinet in a challenge to Gordon Brown in 2009, has been given a senior role as Director, Strategy & Digital

Page 3 Profile: James Purnell, former Minister

A return to politics?

Sage of Omaha, Warren Buffett, shells out $23bn for Heinz foods

He is taking the baked beans and ketchup giant back into private hands in the food business's biggest buyout

Offices could be converted to homes without planning permission under new government proposals

Empty office blocks could be converted to flats without planning permission under Government proposals to increase the supply of housing.

Rare profits downgrade by Pearson surprises City

John Fallon, new chief executive of Pearson, looks to have inherited quite a few problems from his predecessor, Dame Marjorie Scardino, as he has been forced to cut the education giant's profit forecast.

Bishop of Liverpool launches scathing attack on Government cuts programme

'Social diabetes' warning offered to cities hit hardest by budget changes

Pearson to close adult education arm with £120m loss

Pearson took a £120m hit yesterday as its new chief executive, John Fallon, announced plans to close its UK adult education arm less than three years after buying the core business, Melorio, for £99m.

Danny Rogers on PR: Pay day for other golden Olympic stars

Still glowing from their plaudits and New Year's honours, the marketing and communications executives behind the London 2012 Olympics are starting to find new jobs.

Pennant-Rea steps down from Henderson chair

Rupert Pennant-Rea is stepping down as chairman of the fund manager Henderson, which is shifting its tax base back to the UK.

Mayor Bloomberg has an eye on the FT

Michael Bloomberg, the billionaire Mayor of New York, is considering whether to make a bid for the Financial Times, amid renewed speculation that the paper's owner, Pearson, will be ready to sell soon.

Grime pays: Jermaine Scott, aka Wretch 32, backstage at Koko in Camden

The Financial Times doesn't get rap, and their caricature of it is dangerous

Rap is not "loud, but lacking in Substance", Mr Guthrie

The Business Matrix: Thursday 29 November 2012

More Comet stores to close

Editorial: A new press watchdog must be independent

In the past few weeks and months, as the temperature has risen and the atmosphere become ever more febrile, this newspaper has resisted the urge to suggest to Lord Justice Leveson what he should recommend in his report. Indeed, the Editor said as much on Saturday, maintaining it was pointless at this stage to second-guess the judge, that it was better to wait and see. But over the weekend, the pressure intensified, with lobbying from all quarters.

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National archives: Edward VIII’s phone calls - and how MI5 bugged them

Edward VIII’s phone calls - and how MI5 bugged them

Newly unearthed papers reveal a shocking extra dimension to the constitutional crisis over monarch’s abdication
Sent down at the Old Bailey: A tour of the world's most famous court

Sent down at the Old Bailey

A tour of the world's most famous court
Hollywood's random acts of red-carpet kindness

Hollywood's random acts of red-carpet kindness

The Hangover actor Zach Galifianakis’s date for his movie premieres isn’t arm candy  – it’s his 87-year-old friend who he saved from homelessness
James Lawton: Sergio Garcia cracks as major fault line opens up again

James Lawton

Sergio Garcia cracks as major fault line opens up again
Dylan Hartley: Northampton have spent the season proving all our critics wrong

Dylan Hartley talks tough

Northampton have spent the season proving all our critics wrong
Watch out Watford: Here comes the secretive Bilderberg Group

Watch out Watford: Here comes the secretive Bilderberg Group

A meeting of global power brokers in a Hertfordshire hotel is exciting conspiracy theorists, but what are they really about?
'The ultimate all-in-one home entertainment system': Microsoft finally unveils its Xbox ONE console

'The ultimate all-in-one home entertainment system'

Microsoft finally unveils its Xbox ONE console
Plenty of Fish dating site founder pulls 'Intimate Encounters' option to ward off sleazy men

Plenty of sleaze

Dating website pulls intimate 'hook-up' section to curb harassment
Inferno author Dan Brown 'honoured' to be invited to join the Freemasons

The Freemasons’ Code

Dan Brown reveals the message that told him door to the lodge is open
Not secure any more: G4S boss heads for exit at last

Not secure any more: G4S boss heads for exit at last

Nick Buckles survived the Olympics débâcle and a £5bn bid fiasco but a profit warning finally triggered his downfall
How to say ‘I’m a sellout’: Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar

How to say ‘I’m a sellout’

Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar
Why clubs are keen to take a stand

Why clubs are keen to take a stand

There's a real desire around the grounds for safe standing. But will the authorities listen?
In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

Disillusion with a siege mentality and negative playing style made change inevitable
James Lawton: The James Hunt I knew is the subject of a new F1 movie

James Lawton: The James Hunt I knew is the subject of a new F1 movie

British driver was fascinating man whose epic duel with Niki Lauda in 1976 was typical of an era of glamour and glory – but also the ever-present threat of death
Stuart Hogg: Ready to climb his own Everest

Stuart Hogg: Ready to climb his own Everest

Lions' cub, 20, joins long line of players from Scottish borders club Hawick given opportunity to make his mark at highest level