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Sir, Mr Campbell’s letter concerning the late Lord Jenkins’s library () makes me fear even more for the state of the Treasury and public finances. In 2003 while teaching at Westminster School and residing in Barton Street, a Special Branch officer told me that he had done a sweep of John Major’s flat in 1989 only to find a copy of Letts Economics Revision Guide lying under the bed.

Talks

ITV confirmed in February that it had entered exclusive talks with Veronis, which specialises in media investments. It has now raised more than é300m by selling non-core assets since it was created by the merger of Granada and Carlton in 2004.

Granada Learning has its core operations in Manchester - an educational publishing business and two software divisions. The business includes Letts revision guides and publisher Leckie & Leckie.

ITV put it on the market in 2004 after a review.

Other assets which could yet be sold include stakes in Arsenal and Liverpool FC.

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