News Corportation boss Rupert Murdoch's told the Leveson Inquiry into press ethics he welcomes the opportunity to put some myths to bed, as he's questioned on his links with Margaret Thatcher in the 80s and the bidding process for The Times newspaper.

Meanwhile, Culture Secretary Jeremy Hunt's special adviser Adam Smith is to resign after evidence from James Murdoch yesterday - admitting his activites at times went too far.

Mister Hunt - also under pressure about his dealings with the Murdochs - will make a statement to the Commons shortly.