David Banks: Twitter-tattle about celebrity sex lives is little to celebrate

However, from the lofty heights of the Trafigura Twitterstorm we now seem, in recent days, to be plumbing the depths of what social media can be used to expose. After all, in the last 48 hours we have not learned of gagging orders obtained by corporations stifling journalistic endeavour. We have instead been treated to a series of tweets revealing the identity of celebrities said to have sought injunctions over allegations invariably sexual in their nature.

If this is the brave new world of journalism some might wonder when it is going to move out of the bedroom and into the boardroom.