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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.

Stephen Foley: Why Lehman Brothers went under

You've got £1. Invest it wisely, you might end up with £2. If you had £1 and borrowed another £1, then invested them both, you would end up with £4. Even when you've paid back the £1, you have made double the profit. That's leverage.

Leading article: The global credit crisis has entered a new dimension

There are lessons to learn from the failure of Lehman Brothers

HBOS shares plunge in Lehman crisis

UK shares continued to tumble this afternoon after the credit crunch claimed one of the world's biggest investment banks - with Britain's biggest mortgage lender the worst affected.

Prime UK jobs at risk after Lehman collapse

Thousands of jobs were at risk today after the UK arm of troubled investment bank Lehman Brothers was placed into administration.

Andreas Whittam Smith: The banks must clean up the mess they've created

Lehman Brothers' CEO assumed that the credit crunch would be damaging, but not fatal

Jeremy Warner's Outlook: Lehman Brothers gets the Bear Stearns treatment. Now who's next?

Just when you thought it was safe to go back in the water ... The federal bail-out of Fannie Mae and Freddie Mac has been depicted by commentators as the "big one" that would come to mark the crescendo of the banking crisis, with the storm gradually petering out from here on in. This week's collapse in the share price of Lehman Brothers, and the separate run on confidence at Washington Mutual, demonstrates that the hurricane season is far from over.

Lehman plunges as doubts shake investors

The Lehman Brothers rescue plan got a dismal reception from Wall Street today, with shares of the battered bank plunging about 40 per cent.

The Investment Column: Tough market means DS Smith is best ignored

A&J Mucklow; Blue Oar

Lehmans' fight for survival

As Lehmans talks to Korea Development Bank about a potential $6bn cash injection, Stephen Foley looks at the range of options the one-time bastion of Wall Street has in its battle to remain independent

Lehmans puts another 1,500 jobs on the block, including in London

Lehman Brothers is planning to axe up to 1,500 more jobs, as part of its desperate struggle to reduce costs, raise money and rebuild its battered balance sheet.

Lehman chief in race against time

Lehman Brothers chief executive, Dick Fuld, is in a race against time to rebuild the investment bank's battered balance sheet and set out a reason for the company to remain independent amid growing calls for new leadership or a sale of the company.

Commodity prices in biggest monthly drop since 1980

Commodity prices fell by 10 per cent last month, indicating that the five-year-long commodities price boom is coming to an end and easing pressures on the Bank of England to raise interest rates this week.

Fall in demand sends oil price sinking to $127

Oil prices hit a new six-week low yesterday, sinking under $127 a barrel on slowing demand in the US and Europe in the wake of soaring prices and weaker economic growth. The fall was strengthened as fears receded that oil rigs in the Gulf of Mexico would be hit by Hurricane Dolly.

Goldman accused of spreading rumours about rivals

Goldman Sachs, the most powerful investment bank on Wall Street, has found itself at the centre of a storm over the events that led to the collapse of Bear Stearns, as regulators issued subpoenas in the hunt for evidence of market manipulation.

Lehman Brothers poised for $5bn cash call as credit woes mount

Investors in Lehman Brothers, one of the top five Wall Street investment banks, are bracing themselves for more pain as the company considers issuing between $3bn and $4bn (£1.5bn-£2bn) in new shares to shore up its balance sheet.

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Pompeii, Capri & the Bay of Naples
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Prices correct as of 30 January 2015
The super-rich now live in their own Elysium - they breathe better air, and eat better food, when they're not making beans on toast for their kids

The super-rich now live in their own Elysium

They breathe better air, eat better food, take better medicine
A generation of dropouts failed by colleges

Dropout generation failed by colleges

£800m a year wasted on students who quit courses before they graduate
Entering civilian life 'can be like going into the jungle' for returning soldiers

Homeless Veterans appeal

Entering civilian life can be like going into the jungle
Sam Taylor-Johnson: Woman on top

Sam Taylor-Johnson: Woman on top

Fifty Shades of Grey director on bringing the hit to the screen
Shazam! Story of the $1bn 'what's that song?' app

Shazam: Story of the $1bn 'what's that song?' app

As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch