The head of the commission examining the potential break-up of Britain's biggest banks is expected to say today that significant reforms are needed.

The success of Jamie Oliver's latest cookbook helped drive the blue-chip publisher Pearson, which owns Penguin and The Financial Times, to lift its full-year profit forecasts for the third time since July.

A £560 million fund to encourage local councils to "go green" on transport was announced today by the Government.

A case of whisky left behind by explorer Sir Ernest Shackleton and buried under the Antarctic ice for more than a century is being returned to Scotland by an Indian businessman who hopes to recreate the historic tipple.

The Telegraph is planning to follow the Times and start charging readers to use its website in the new year.

Matthew Freud, the publicist closely linked to the Conservative Party leadership, is making a bid for freedom from his parent company.

Whitehall could take full control of state school funding in England under proposals drawn up by ministers to remove the role of town halls, it was reported today.

It was brave of Mervyn King yesterday to compare the Bank of England's Monetary Policy Committee to England's cricket team, ready to attack or defend the next ball (or bout of inflation) depending on the line, length and pace of its delivery. Given the history of England teams and their collapses over the year, isn't the Governor rather tempting fate? Both for England's Ashes hopes in Australia this winter, and for the poor old British economy.

The Independent's sister newspaper, the London Evening Standard, has won two of the most prestigious accolades in publishing, being named Media Brand of the Year and also receiving the Grand Prix Gold at the Media Week awards.

Pearson, the publisher behind Penguin Books and The Financial Times, upgraded its profits forecast for a second time this year after a strong performance across all of its businesses.

As Labour MPs deliberate over which of their colleagues they want to see in Ed Miliband's shadow team, one name has cropped up more than most – Yvette Cooper's.