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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.

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Independent Travel
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