The next Governor of the Bank of England will be Mark Carney, currently governor of the Canadian central bank, it was announced this afternoon. His appointment comes as a surprise – deputy governor Paul Tucker was the favourite. Carney, 47, is ex-Harvard, Nuffield College and Goldman Sachs. He will take over when Sir Mervyn King steps down next June.
WOMEN BISHOPS: CofE MUST PERFORM U-TURN
A secret memo written for the Church of England bishops by their top civil servant, William Fittal, general secretary of the Synod, warns that the Church must reverse the vote against women bishops at its assembly next summer or face a "major constitutional crisis" including disestablishment by parliament, The Times reports.
IMPLEMENT LEVESON, SAYS ED MILIBAND
Ed Miliband says David Cameron should show confidence in the Leveson Inquiry and promptly implement recommendations expected in Lord Leveson's report due on Thursday, as long as they are "proportionate and reasonable". Leveson is not about controlling the press but about creating a new system of redress for citizens, says the Labour leader.
AFTER THE DELUGE, THE COLD WINDS
After two people died and 800 homes were flooded yesterday, there was a risk of one month’s rain falling in a day in the Northeast of England today. The storm will let up on Tuesday - but only to make way for bitterly cold winter weather. Ice, frost and sub-zero temperatures are expected, according to weather forecasters.
UKIP FOSTER PARENTS WANT CHILDREN BACK
The Rotherham couple at the centre of the row over ethnic-minority foster children taken from them because of their support for the anti-Europe party UKIP have told The Daily Telegraph they want the children back. They also want an apology from social workers. The row is reported to have raised UKIP's chances in this week's by-election in Rotherham.
FIVE-STAR REVIEWS FOR ROLLING STONES
The first of two 50th anniversary Rolling Stones concerts at London's O2 Centre has received five-star reviews from the critics. With Mick Jagger now 69 and some of his bandmates even older, they performed such classics as Get Off My Cloud, Brown Sugar and Honky Tonk Women. "Fifty years young and still knocking 'em dead," said The Times.
THEATRE AWARD FOR BOYLE'S GAMES OPENER
Danny Boyle and the team that created the London 2012 Olympic opening ceremony were awarded a Beyond Theatre Award at the Evening Standard Theatre Awards last night, hailed for projecting the best of British theatrics into the homes of a billion people around the world. Nick Payne won Best Play for Constellations. At 29 he is the youngest playwright to win the award.
'NO CHANCE' OF TORY-UKIP PACT
Downing Street has said there is "absolutely not" the remotest possibility the Conservatives will do a deal with UKIP, according to The Daily Telegraph. Number 10 was responding to a call by David Cameron's election adviser Michael Fabricant for the Tories to consider offering UKIP a referendum on EU membership to stop them threatening Tory marginal seats in the next election.
VICTORIA PENDLETON VOTED OFF STRICTLY
Olympic gold medal-winning cyclist Victoria Pendleton is the latest celebrity to leave 'Strictly Come Dancing' after she and professional dance partner Brendan Cole lost the Sunday night dance-off against Michael Vaughn and Natalie Lowe. On 'The X Factor', Rylan Clark was finally voted off after singing what the Daily Mail called a "surprisingly in-tune" version of Athlete's Wires.
HOT TICKET: JOHN LITHGOW'S MAGISTRATE
A revival of Arthur Wing Pinero's Victorian farce The Magistrate has opened at the National Theatre. American actor John Lithgow stars as a magistrate caught up in a series of scandalous events after his wife tells a white lie. "A corker of a show", says the Daily Mail. Runs until 10 February.