Sebastian Faulks is writing a new James Bond novel that is to be released in 2008. The title is Devil May Care.
The AP reports that Faulks had to obtain permission from the Ian Fleming estate, in order to go through with the novel.
Other works by Faulks include Human Traces, Birdsong, and Engleby.
The article mentions that the publisher, Doubleday Broadway Publishing Group, indicates that the novel is set during the Cold War. As of yet, a film is in mind, but the details are not yet worked out.
For more information, visit the AP article.