Jim Armitage: Don't expect shale gas to cause economic explosions on this side of the Pond

Outlook Sorry to deflate your balloon, Mr Osborne, but I fear much of the excitement about UK shale gas will prove to be so much fracking hot air.

A Cuadrilla shale fracking facility in Preston, Lancs

Where do we dig? The trouble with fracking

It's not so easy to exploit shale gas reserves found in the UK

DVD review: Lincoln

Rather than being a cradle-to-grave biopic, Steven Spielberg's Lincoln is set almost entirely in Washington DC's parlours and debating chambers in the weeks preceding the crucial vote to abolish slavery.

Calls grow for Dimon to ditch one of his roles at JP Morgan

A second shareholder advisory firm has said that investors in JP Morgan should vote for a non-binding proposal to split Jamie Dimon's responsibilities and appoint an independent chairman.

Robert Milkins, right, came from behind to see off Neil Robertson

Snooker: World No 2 Neil Robertson crashes out of World Championship

Robert Milkins produced a stunning upset by knocking Australia's Neil Robertson out of the World Championship at the Crucible. In a first round that has seen a host of shocks, the win of the 37-year-old from Gloucester against the world No 2 was among the biggest.

On a night of comedy and high farce at the Crucible, the joke was on Dechawat Poomjaeng

Snooker: Dechawat Poomjaeng has it all to do against Michael White

On a night of comedy and high farce at the Crucible, the joke was on Dechawat Poomjaeng.

Snooker: Mark Davis punishes sloppy John Higgins

Four-time winner John Higgins crashed out of the Betfair World Championship today as Mark Davis sent the Scot packing.

Ben Okri appears at the Oxford Literary Festival on 17 March. (oxfordliteraryfestival.org)

Cultural life: Ben Okri, Novelist

Books

Ronnie O’Sullivan announces his comeback in London

Snooker: Ronnie O'Sullivan's back – after a few hours' practice with a delivery driver

'The Rocket' will defend his world title despite not playing at top level since quitting last May

Ronnie O'Sullivan has missed ranking tournaments in China and Australia since landing his fourth Crucible title

Snooker: Ronnie O'Sullivan will return to defend world title

O'Sullivan has been on sabbatical

From left: Daniel Day Lewis wins Award for My Left Foot (1990), There Will Be Blood (2008) and Lincoln (2013)

The madness of Daniel Day-Lewis – a unique Method that has led to a deserved third Oscar

Geoffrey Macnab on a star earning unprecedented honours

Pragmatic and prodigious: Daniel Day-Lewis in the title role of Lincoln

Film review: Lincoln - 'We hold these truths to be self-evident – that all men are lit beautifully

The monumental title of Steven Spielberg's Lincoln may suggest that it's a definitive biopic, but if you're after a comprehensive account of Honest Abe's ascent from prairie lawyer to American president, you'd be better off watching last year's Abraham Lincoln: Vampire Hunter, and fast-forwarding through all the bits with blood-sucking demons in them.

The Saturday Quiz

1. Which chain of stores, founded by Sam Walton, began life in Rogers, Arkansas in 1962?

Adele and Mrs Robbie Williams bond over babies at the Golden Globes

“Oh my god! Honestly, I’ve come out with my friend Ayda, we’re new mums, we’ve literally come out for a night out,” Adele told the audience on Sunday, at full Bond-diva volume, after collecting her Golden Globe for Skyfall.

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Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected
Christmas 2014: 23 best women's perfumes

Festively fragrant: the best women's perfumes

Give a loved one a luxe fragrance this year or treat yourself to a sensual pick-me-up
Arsenal vs Borussia Dortmund: Alex Oxlade-Chamberlain celebrates century with trademark display of speed and intuition

Arsenal vs Borussia Dortmund

The Ox celebrates century with trademark display of speed and intuition
Billy Joe Saunders vs Chris Eubank Jnr: When two worlds collide

When two worlds collide

Traveller Billy Joe Saunders did not have a pampered public-school upbringing - unlike Saturday’s opponent Chris Eubank Jnr
Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?