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The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

Kate Mosse is chair of the Women's Prize for Fiction board

I'll drink to that: Baileys announced as new sponsor of (formerly Orange) Women's Prize for Fiction

The winner of the Women’s Prize for Fiction next year will be able to raise a glass of cream liqueur in celebration after Baileys stepped in to sponsor the award.

Diageo’s outgoing chief executive, Paul Walsh, with some of the company’s products

Paul Walsh calls time on Diageo: Outgoing boss will leave the global drinks giant in high spirits

Ivan Menezes celebrated his success landing the job as boss of the world's biggest drinks company, Diageo, with a glass of Johnnie Walker Blue Label whisky on the flight from London to New York. The promotion of the chief operating officer and company insider didn't scare the horses in the City as the shares barely twitched. But as he sipped the £130 liquor on the plane Mr Menezes might well have pondered the shoes he will have to fill when Paul Walsh, the FTSE 100's third longest-serving boss, departs.

Whisky galore as Chinese get the taste for Scotch

Russell Lynch discovers Diageo is spreading the word about Johnnie Walker in the world’s second-biggest economy

The Business Matrix: Friday 19 April 2013

Cheap fares are a hit for Eurostar

Being Modern: Novelty hats

In the old world, back when the measure of success had nothing to do with Twitter followers, an advertising slogan caught the public imagination that held, "If you want to get ahead get a hat!" These were the days when a cap, trilby or bowler would symbolise class, when the appropriate headwear could mark you out as a "man of ambition".

Guinness Black Lager was launched in the US in August 2011 and in Ireland last year but sales have been “disappointing”

Diageo's Guinness lager falls flat

Sales of new black beer disappoint in Ireland and US

Mikey Argy: 'This money will have a huge effect. It will give us security for the next ten years.'

Government’s £80m for victims of thalidomide – but still no apology

Britain’s lax regulations contributed to scandal of babies born disfigured because of drug

Diageo calls time on Jose Cuervo talks

Drinks giant Diageo has called time on its bid to buy Mexico's Jose Cuervo tequila brand, ending year-long talks.

Market Report: De La Rue might be worth banking on

Forget about putting cash under the mattress, it could be time to start buying shares in banknotes printer De La Rue, analysts reckon. JPMorgan's scribes think the stock fell too low after the notes printer cut its profit forecast last month and now there is a "compelling opportunity" to buy the shares. Its Bank of England contract is up for grabs with a call for bids by the end of January. De La Rue has held it since 2003 but JPMorgan's Alexander Mees said he thought there was "no reason not to expect De La Rue to be successful".

Rare hiccup for Diageo as it fails to swallow Jose Cuervo

Drinks giant Diageo has proved its acquisition strategy is not invincible by calling time on its bid to buy Mexico’s Jose Cuervo tequila brand, bringing to an end year-long talks.

Diageo toasts success as it pours out
£1.3bn to buy India’s United Spirits

The drinks giant Diageo has finally agreed to acquire a controlling stake in United Spirits for nearly £1.3bn, growing its presence in India massively and ending months of speculation.

Thirst for 'affordable luxuries' helps drinks giant Diageo hit £1bn sales

A thirst for "affordable" luxuries, in the shape of expensive cocktails in the trendiest bars, has helped global drinks giant Diageo record more than £1 billion in sales of its high end liquor in the past year.

Delayed shipment hits Diageo growth

Diageo, the world's biggest spirits group, said a postponed duty-free shipment and a weak South Korean market hampered quarterly trading.

Diageo shrugs off slowdown

People across the globe are drinking their way through recessions and financial crises, results from the world's largest spirits producer suggest.

Diageo sales to top £10bn

Guinness stout-to-Veuve Clicquot champagne producer Diageo will announce that revenue has broken the £10bn mark in its annual results this week.

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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
War with Isis: The West needs more than a White Knight

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Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

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Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

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Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?
Finally, a diet that works: Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced

Finally, a diet that works

Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced
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Professor Danielle George: On a mission to bring back the art of 'thinkering'

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Professor Danielle George on why we have to nurture tomorrow's scientists today
Monique Roffey: The author on father figures, the nation's narcissism and New Year reflections

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The author on father figures, the nation's narcissism and New Year reflections
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Introducing my anti-heroes of 2014

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DJ Taylor: Good taste? It's all a matter of timing...

Good taste? It's all a matter of timing...

It has been hard to form generally accepted cultural standards since the middle of the 19th century – and the disintegration is only going to accelerate, says DJ Taylor
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Olivia Jacobs and Ben Caplan
Bill Granger recipes: Our chef's breakfasts will revitalise you in time for the New Year

Bill Granger's healthy breakfasts

Our chef's healthy recipes are perfect if you've overindulged during the festive season
Transfer guide: From Arsenal to West Ham - what does your club need in the January transfer window?

Who does your club need in the transfer window?

Most Premier League sides are after a striker, but here's a full run down of the ins and outs that could happen over the next month
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Michael Calvin's Last Word

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