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Outlook The Old Lady of Threadneedle Street likes drama to be reserved firmly for the stage. So yesterday's announcement from her Financial Policy Committee on "potential amplification channels" of financial risks was characteristically short on hyperbole.

Mitch Feierstein: Firms too big to fail before, like JPMorgan, are bigger now – and not any safer

City View: Bankruptcies are integral to capitalism, like forest fires, clearing underbrush to allow renewed growth

Pensions lose their first claim on assets when firms fail

The Supreme Court has thrown out a controversial ruling that handed pension holders priority over unsecured creditors when companies fail.

Anthony Hilton: These numbers don’t add up to a recession

The unemployment figures came out on Thursday and showed a better-than-expected improvement, with the rate now the lowest since December 2010.

Asking prices rise as house market confidence grows

Home sellers are finally growing in confidence, judging by a survey by Rightmove of more than 100,000 asking prices across the country.

House prices near peaks seen before recession

Property asking prices have neared their pre-crisis peaks, according to the latest RightMove House Price Survey, published today.

City jobs on rise — but only from rock bottom

The number of new City jobs trebled last month, but only against December’s count which was the lowest since the financial crisis began in 2008.

New City jobs treble, but it's still a long way from boom

The number of new City jobs trebled last month but only against December's count which was the lowest since the financial crisis began in 2008.

Crest Nicholson set for stock market return in first UK float of 2013

The first float of a UK company this year cheered the City yesterday as housebuilder Crest Nicholson unveiled plans for a £500m return to the stock market.

Owen Jones: We need a new means of protest

If you're lacking in inspiration, go and chat to the students of Featherstone Sixth Form in Southall, like I did last Friday. They will shatter any clichéd prejudices about an apathetic X-Factor generation who stare blankly when politics is even mentioned. These bright young women and men were full of excitement and eloquence as they discussed their futures, as well as those of Britain and the world; and they were full of fury and frustration about the fact their generation was the first to face being poorer than their parents since Berlin fell to the Allies.

Analysis of Wheatley on... Banks: 'The truth is that if our supermarkets in this country, if John Lewis operated in a way that banks do, they wouldn’t have any customers;' Working in Hong Kong: 'I had a funeral effigy of me burnt outside the office. That was the sort of things I had to deal with. It’s a different sort of pressure than in the UK;' 2005-2008: 'That was a horror period in terms of what we are discovering today in terms of the way people were abused in their financial services.'

Burnt in effigy, Martin Wheatley has the steel to shake City

The chief of the new Financial Conduct Authority smells blood

Birley is clearing boss at NYSE Euronext

NYSE Euronext has hired Patrick Birley, the former head of clearing company LCH.Clearnet, as chief commercial officer at its London-based clearing house, which the exchange plans to open next June.

I'd support crisis probe, says bank chief

A Parliamentary inquiry into the performance of the Bank of England during the financial crisis should be ordered immediately, MPs said last night, after the Bank's Governor Sir Mervyn King made the surprise statement that he would be happy to co-operate with such a probe.

'I feel that Nick Clegg is horrifically compromised by the Coalition. All the common ground I had with him is kind of lost' - Catherine Annabel, 54

Owen Jones: The Coalition has failed. There is an alternative. Can Ed Miliband be its champion?

It's up to the Labour leader to offer the country a coherent Plan B

Ready for their close-up: The Near and the Elsewhere exhibition

Those of us who imagined that the perfect lives in The Truman Show constituted a glimpse of the future could have no better reality check than The Near and the Elsewhere, a potent exhibition of visual artworks at the PM Gallery at Pitzhanger Manor, Ealing, London. These unsettling freeze-frames – by turns surreal, mysterious, or coruscatingly depressing – are like slides from some urban-cum-architectural pathology lab.

Arts and Entertainment
Sydney and Melbourne are locked in a row over giant milk crates
art
News
Kenny Ireland, pictured in 2010.
peopleActor, from House of Cards and Benidorm, was 68
News
A scene from the video shows students mock rioting
newsEnd-of-year leaver's YouTube film features staging of a playground gun massacre
Travel
travel
Voices
A family sit and enjoy a quiet train journey
voicesForcing us to overhear dull phone conversations is an offensive act, says Simon Kelner
News
i100This Instagram photo does not prove Russian army is in Ukraine
News
Morrissey pictured in 2013
people
Sport
sportVan Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Environment
View from the Llanberis Track to the mountain lake Llyn
Du’r Arddu
environmentA large chunk of Mount Snowdon, in north Wales, is up for sale
Life and Style
Martha Stewart wrote an opinion column for Time magazine this week titled “Why I Love My Drone”
lifeLifestyle guru Martha Stewart reveals she has flying robot... to take photos of her farm
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices