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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.

Simon English: No sympathy for troubled inventor of schemes to beat the taxman

If you were seeking an accountant, would you hire one that has just blown a £12m black hole in its own accounts? RSM Tenon, the number crunchers with the dodgy calculator, said yesterday that a review of the group's finances had revealed "significant errors".

Carlyle cashes in with ATMs sale to Japanese rival

The US private-equity firm Carlyle is set to almost double its money by selling UK cash systems and automatic teller machines business Talaris to a Japanese rival in a deal worth £650m.

100 London bankers sue Germans over unpaid £42m in bonuses

More than 100 London bankers will next week go to the High Court to sue German banking giant Commerzbank over €50m (£42m) in unpaid bonuses.

Ben Chu: It was lobbyists' influence that fostered this crisis

The banking lobby is a machine to turn profits into influence into rules to help keep profits high

David Prosser: The disproportionate damage banks can do

Outlook Having written at length in yesterday's Independent about why there should be no delay in implementing the reforms about to beproposed by Sir John Vickers' Independent Commission on Banking, there is no need to dwell for too long on CBI boss John Cridland's assertion that to introduce them at a such a delicate moment in the economic cycle would be "barking mad".

David Prosser: Derivatives timebomb is still ticking

Outlook Three years after the collapse of Lehman Brothers and AIG, regulators still have not found a way to keep track of the opaque derivatives market that paralysed the world's financial system in the wake of those corporate disasters.

Sean O'Grady: Even grim scenarios are optimistic

while not on the scale – yet – of the panic that gripped the financial world in the aftermath of the failure of Lehman Brothers in

UK banks ordered to draw up 'living wills'

Banks were yesterday told they could be forced to tear up their bonus plans and conduct fire sales of assets if they run into the sort of difficulties faced by many during the financial crisis in future.

Lehmans Dante flip appeal flops

The Supreme Court has unanimously upheld previous UK rulings that creditors should have priority in Lehman Brothers' $12bn (£7.4bn) "Dante" programme of CDOs, which one judge described as "of a purgatorial complexity".

Baby whisperer: Crying out for sleep

With their baby waking up hourly, Jessie Hewitson and her husband were at their wits' end. Could a visit from a 'baby whisperer' get them an undisturbed night?

Stephen Foley: Greece is not Europe's Lehman Brothers

US Outlook: There is a cliché emerging on this side of the Atlantic, which we should nip in the bud, that the threatened Greek government debt default is "Europe's Lehman Brothers". I'm as prone to the imperfect analogy as the next reporter, but raising unnecessary alarm in volatile financial markets will not do. It is also an insult to history.

Barclays to appeal $2bn payment to Lehman Bros

Barclays will appeal a US court ruling that it must turn over $2bn (£1.2bn) in cash to the estate of bankrupt Lehman Brothers, whose broker-dealer business it bought at the height of the stock market panic in 2008.

The Economics of Enough, By Diane Coyle

The 20th century was a hell of a party. But those of us who lived it seem determined to leave to our children the task of cleaning up the mess if they can - to pay off the debts and make the planet habitable again. Economist Diane Coyle catalogues the damage. We have, she says, "borrowed massively from the natural and human resources of the future – to an extent that standards of living will be lower... when people have to service our massive financial debts and live with unknown environmental changes."

Inflation expectations climb to 29-month high

Britons' inflation expectations – the extent to which they think prices will rise in the future – are at their highest level for 29 months, a survey by the accountant and business adviser BDO reveals today.

Stephen Foley: Please let's not pretend that averting the next Lehman will be easy

US Outlook: No crash. No bang. No wallop. If the Dodd-Frank Wall Street reforms, which became law last year, had been in place back in 2008, Lehman Brothers would either not have failed, or would have been wound down by regulators in an orderly fashion. The panic of September 2008 would never have been.

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Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

Cameron, Miliband and Clegg join forces for Homeless Veterans campaign

It's in all our interests to look after servicemen and women who fall on hard times, say party leaders
Millionaire Sol Campbell wades into wealthy backlash against Labour's mansion tax

Sol Campbell cries foul at Labour's mansion tax

The former England defender joins Myleene Klass, Griff Rhys Jones and Melvyn Bragg in criticising proposals
Nicolas Sarkozy returns: The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?

Sarkozy returns

The ex-President is preparing to fight for the leadership of France's main opposition party – but will he win big enough?
Is the criticism of Ed Miliband a coded form of anti-Semitism?

Is the criticism of Miliband anti-Semitic?

Attacks on the Labour leader have coalesced around a sense that he is different, weird, a man apart. But is the criticism more sinister?
Ouija boards are the must-have gift this Christmas, fuelled by a schlock horror film

Ouija boards are the must-have festive gift

Simon Usborne explores the appeal - and mysteries - of a century-old parlour game
There's a Good Girl exhibition: How female creatives are changing the way women are portrayed in advertising

In pictures: There's a Good Girl exhibition

The new exhibition reveals how female creatives are changing the way women are portrayed in advertising
UK firm Biscuiteers is giving cookies a makeover - from advent calendars to doll's houses

UK firm Biscuiteers is giving cookies a makeover

It worked with cupcakes, doughnuts and macarons so no wonder someone decided to revamp the humble biscuit
Can SkySaga capture the Minecraft magic?

Can SkySaga capture the Minecraft magic?

It's no surprise that the building game born in Sweden in 2009 and now played by millions, has imitators keen to construct their own mega money-spinner
The King's School is way ahead of the pack when it comes to using the latest classroom technology

Staying connected: The King's School

The school in Cambridgeshire is ahead of the pack when it comes to using the latest classroom technology. Richard Garner discovers how teachers and pupils stay connected
Christmas 2014: 23 best women's perfumes

Festively fragrant: the best women's perfumes

Give a loved one a luxe fragrance this year or treat yourself to a sensual pick-me-up
Arsenal vs Borussia Dortmund: Alex Oxlade-Chamberlain celebrates century with trademark display of speed and intuition

Arsenal vs Borussia Dortmund

The Ox celebrates century with trademark display of speed and intuition
Billy Joe Saunders vs Chris Eubank Jnr: When two worlds collide

When two worlds collide

Traveller Billy Joe Saunders did not have a pampered public-school upbringing - unlike Saturday’s opponent Chris Eubank Jnr
Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?