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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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Prices correct as of 17 April 2015
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence
Public relations as 'art'? Surely not

Confessions of a former PR man

The 'art' of public relations is being celebrated by the V&A museum, triggering some happy memories for DJ Taylor
Bill Granger recipes: Our chef succumbs to his sugar cravings with super-luxurious sweet treats

Bill Granger's luxurious sweet treats

Our chef loves to stop for 30 minutes to catch up on the day's gossip, while nibbling on something sweet
London Marathon 2015: Paula Radcliffe and the mother of all goodbyes

The mother of all goodbyes

Paula Radcliffe's farewell to the London Marathon will be a family affair
Everton vs Manchester United: Steven Naismith demands 'better' if Toffees are to upset the odds against United

Steven Naismith: 'We know we must do better'

The Everton forward explains the reasons behind club's decline this season
Arsenal vs Chelsea: Praise to Arsene Wenger for having the courage of his convictions

Michael Calvin's Last Word

Praise to Wenger for having the courage of his convictions