alwaysinthekitchen - I just asked elsewhere for recommendations on what to read to my 4.8yo when we finish the Magic Faraway Tree books, and got bombarded with: Narnia books, Finn Family Moomintroll, Just So stories, My Naughty Little Sister, Adventures of the Little Wooden Horse, Olga Da Polga, Gobbolino the Witch's Cath, Adventures of the Wishing Chair, The Worst Witch, Roald Dahl. Then when I was looking on Amazon Mrs Pepperpot and The Borrowers popped up. Also The Hobbit, but I think that's still a bit old for her.
I am in charge of bedtime stories - DH does it occasionally, but reckons that DD has finally twigged that I'm a better reader than he is. She has three picture books each evening (the first one is usually one she can join in with in some way) and at the moment two chapters of The Folk of the Faraway Tree. Takes ages.