11.30am: Publishing group, which takes in titles from Farmers Weekly to the Lancet, is to sell off its underperforming education arm in a move that could raise more than £2bn. By Fiona Walsh.
To those who seek a career as a writer, Martin Amis has some well chosen words of advice: "Well, it is a sort of sedentary, carpet slippers, self-inspecting, nose-picking, arse-scratching kind of job, just you in your study and there is absolutely no way round that. So, anyone who is in it for worldly gains and razzmatazz I don't think will get very far at all."
Penguin Books, in collaboration with students at De Montfort University in Leicester, plan to create the world's first 'wiki' novel, concocted online by millions of contributors across the globe.
When gap-year travellers email home, they mean to calm the fears of anxious parents. But these glimpses of hair-raising adventures in faraway lands can have the opposite effect - as this selection from Simon Hoggart and Emily Monk's new book shows.
Time was when A-level students had to wade through Chaucer, Shakespeare or DH Lawrence. Now contemporary authors are an integral part of the syllabus. But who chooses which books become set texts - and why are the publishing houses so interested? John Mullan reports.