Japan's scandal-hit cameras and equipment firm Olympus gave more evidence it is struggling yesterday as it signalled plans to axe 2500 staff and sell a stake to Sony or Panasonic.

The relationship between the press and politicians is not always in the public interest, Michael Gove said today.

With three days to his appearance at the Leveson Inquiry, fresh pressure was piling on Jeremy Hunt over his links with News Corp. The Culture Secretary, pictured, was urged to quit by one of his Tory predecessors, while Nick Clegg delivered a warning about politicians ending up "in the pockets of media moguls".

Martin Hickman on what the former PM should be asked about his relations with Murdoch empire

Adam Smith reveals how he was lined up as the fall guy over BSkyB bid controversy

Jeremy Hunt made private representations to the Prime Minister supporting the BSkyB bid before he was given responsibility for deciding the issue, it was revealed tonight.

A senior civil servant at the heart of the controversy over links between News Corporation and the office of Culture Secretary Jeremy Hunt is to give evidence to the Leveson Inquiry on Friday, it was announced today.

BSkyB was handed a reprieve by the competition watchdog today after a ruling over the broadcaster's stranglehold on pay-TV movies was reversed.

Tony Blair and Gordon Brown may have grown "closer than was wise" to Rupert Murdoch, former Labour cabinet minister Lord Mandelson acknowledged today.

Culture Secretary Jeremy Hunt's former special adviser Adam Smith will give evidence to the Leveson Inquiry next week, it was announced today.

Lord Justice Leveson defended his inquiry into media standards today and said he “was not in any way” seeking to challenge the right of Parliament to examine any of the issues his inquiry is covering.

The former Number 10 communications director Alastair Campbell said today that David Cameron did not want to set up the Leveson Inquiry.

News Corporation has reported a strong rise in quarterly profits despite continuing legal charges over the phone-hacking scandal.

Rupert Murdoch's News Corporation last night doubled the size of a stock buyback programme that has been mollifying its shareholders while scandals have raged around the company.