In an announcement expected at 5.00pm, Howard is expected to offer the two big jobs to Letwin and David Davis, with the latter taking over home affairs.
Theresa May will get transport and environment with Dr Liam Fox and advertising guru Lord Saatchi taking over her previous role as co-chairmen of the Conservative Party.
Tim Yeo is expected to take over Fox’s previous post of health and education.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements