1. ITV Report

The Rolling Stones confirm first live shows for five years

The Rolling Stones. Photo: Press Association

The Rolling Stones have confirmed their first live shows for five years - but fans face shelling out hundreds of pounds to catch a glimpse of the rock veterans at some of the most expensive gigs of all time.

The band will play two nights at London's O2 arena with standard tickets costing up to £375, although some will be priced at £90.

There had been speculation for weeks that the group would announce shows before the year was out and they finally revealed they will play four shows - two in London and two at the Prudential Centre in New Jersey. Frontman Sir Mick Jagger hinted that more dates would be lined up next year.

The group's four core members - Sir Mick, guitarists Keith Richards and Ronnie Wood and drummer Charlie Watts - now have a combined age of 273 years and many will see these shows as possibly their last chance to see the band live.

A "VIP hospitality" package at the O2 will see gig-goers paying £950 per head, for which they will get "premium tickets", a champagne reception and a three-course dinner.

In August it was reported that promoters were to pay the Stones around £16 million for the four forthcoming concerts.

The London shows take place on November 25 and 29, while the New Jersey shows are lined up for December 13 and 15.

In a video message the group said: "Soon we'll be back on stage playing for you in two cities that know how to rock and roll."

And Sir Mick added: "Maybe a few friends joining us."

The four concerts mark the launch of a new venture by Virgin boss Sir Richard Branson and Australian promoter Paul Dainty, who are launching new global touring company Virgin Live.

Today marks the beginning of Virgin Live and what a beginning.In the future Virgin Live plans to make a real difference to how fans experience, interact and enjoy live events - Virgin Live gigs will be truly people-driven.

– Sir Richard Branson