This Sunday's issue of the News of the World will be the last edition of the paper, News International has said.

Will the bombshell announced today by James Murdoch assuage public anger? Will it remove the threat that the phone hacking scandal might scupper News Corporation's bid to take full control of satellite broadcaster BSkyB?

Will The Sun newspaper now become a seven-day-a-week operation? Has the whole affair inflicted permanent damage on Rupert Murdoch's media empire?

On tonight's programme we will put those questions to key players, get reaction from Wapping, analyse the fast-paced events of the day and bring you the very latest news.

And, as Nasa prepares for the last ever space shuttle mission, Susan Watts has travelled to California's Mojave desert to meet the entrepreneurs preparing to take up the challenge of human space flight, now that the space agency is stepping aside.