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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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Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried