Daniel Craig will star in his 3rd outing as 007 and Dame Judi Dench returns again as M while the film is to be directed by Oscar winner Sam Mendes.
Making their mark as Bond girls will be Naomie Harris and French actress Berenice Marlohe. Location for the film include China and Turkey as well as places a little closer to home in Scotland and of course London.
Despite recent reports that the film would forfeit action for drama in a hope to be an Oscar contender were laid to rest with both Mandes and producer Barbara Broccoli maintaining that the story involved lots of action.
A release date of October 26 2012 has been set for the UK and will follow close in the rest of the world.
The filming of this episode has been delayed due to financial woes at owner MGM, but the delay does mean that it will get a release in the year of the first Bond movie, Dr. No's first appearance in cinemas, what better way to celebrate.