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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.

Can Frieze reheat the art market?

Not so long ago the business of buying and selling art took place in a whirl of private jets, parties and Prada, but could this be the year the bubble bursts? As Britain's biggest fair opens, Alice Jones searches for signs of boom and bust – and picks the 10 hottest artists to look out for

James Lawton: Echoes of dark days at Portsmouth that once tried patience of a Saint

If you have been especially sceptical this week about quite how far football has travelled to its age of super riches you might well be connected, professionally or emotionally, to Portsmouth Football Club.

Observations: A big 'Money' move for Shunt

It has one of the finest – and most atmospheric – venues in London, burrowed at the end of a deep, dark tunnel in the eerie vaults under London Bridge station. Now the experimental-theatre collective Shunt is moving up in the world with its first new show since 2006's Rear Window-inspired Amato Saltone, and an exciting new space. It has acquired a tobacco warehouse (once owned by Fidel Castro, apparently) on nearby Bermondsey High Street, inside which David Rosenberg and his team have constructed a "massive three-storey Victorian machine structure" for their new work, Money.

John Lichfield: Sarkozy's happiness index is worth taking seriously

Out of France: GDP tables don't tell the whole story – we need to measure our 'joie de vivre'

Buyers spare the whip at Keeneland

Recession bites in the bloodstock market as prices of yearlings tumble

Leading article: The screaming need for regulatory reform

The unreconstructed global banking sector still poses a real threat

From the boardroom to the boards – ex-Lehman bankers turn to the stage

Theatre company set up by victims of corporate collapse turns a profit

Last Chance to See, BBC2<br/>The Last Days of Lehman Brothers, BBC2<br/>Harper's Island, BBC3

Wit and repartee as Fry and friend seek the endangered manatee, while dull confusion reigns at soon-to-be-extinct Lehman Brothers

Credit Crunch TV - A mirror held up to the credit crunch

A BBC drama about the downfall of Lehman Brothers hopes to educate us to avoid a repeat of our mistakes. But can it tell us anything we don't already know? James Rampton reports

Attempt to speed up Lehman case blocked

Clients of Lehman Brothers in Europe may have to wait longer to get their assets back after a judge blocked a process to speed up the unwinding of the bankruptcy.

Steve Richards: Neither of these two will lead Labour

In their different ways, Mandelson and Harman have experienced all the oscillations of politics

Lehman sells off trinkets on eBay

Roll up, roll up, to assemble your Wall Street Survival Kit, using only the finest memorabilia from the credit crunch's biggest casualty. Spot storms on the horizon with a $20 pair of Lehman Brothers binoculars. Shelter from the storm under a vented umbrella, emblazoned with the Lehman logo and promising to withstand 80mph winds. Finally, clutch, sobbing, a $15 Lehman Brothers teddy bear as the storm washes you away.

Paulson reveals US concerns of breakdown in law and order

The Bush administration and Congress discussed the possibility of a breakdown in law and order and the logistics of feeding US citizens if commerce and banking collapsed as a result of last autumn's financial panic, it was disclosed yesterday.

Why would a banker sell his $14m house to his wife for $100?

Former Lehman boss accused of trying to hide assets from creditors
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A nearly completed RoboThespian robot inside the Engineered Arts workshop is tested in Penryn, England. The Cornish company, operating from an industrial unit near Falmouth, is the world's only maker of commercially available life sized humanoid robots
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The current recommendation from Britain's Chief Medical Officer, is that people refrain from drinking on at least two days a week
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Actors front row from left, Jared Leto, Jennifer Lawrence, Meryl Streep, Ellen DeGeneres, Bradley Cooper, Peter Nyongío Jr., and, second row, from left, Channing Tatum, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyongío and Angelina Jolie as they pose for a
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Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
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All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition