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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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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?