Arts and Entertainment The disputed objects were largely ancient Etruscan treasures, similar to this one - an Etruscan black-figured amphora depicting the death of Medusa - on display in Rome's Qurinale Presidential Palace

Sculptures of marble heads, a bronze bust of Alexander the Great and bronze statuettes of the gods form part of the collection

Company liquidations hit 16-year peak

Many British businesses are giving up trading before being formally forced into insolvency as they face a worsening economy and banks reluctant to provide them with the funding they need to stay afloat, research published today suggests.

Derek Pain: GNE board rocked by shareholder power

No Pain, No Gain

3i Group suffers credit downgrade despite move to raise cash

3i group made further moves to cut its debts yesterday with a deal to buy out and liquidate an underperforming fund, but the private equity group was hit by a credit rating downgrade just hours later.

Madoff: No investments for clients in 13 years

Bernard Madoff, the Wall Street grandee whose confession of a $50bn (£35bn) pyramid scheme prompted a new crackdown on fraud in the US, had not made a single investment on behalf of his clients in at least 13 years, it was revealed yesterday.

Parties: Stars align for Chalayan

It was a long, stylish, but very disgruntled queue that waited in the spitting rain to get into the Design Museum for the British Cypriot fashion designer Hussein Chalayan's retrospective on 21 January.

FSA fines and bans Pacific stockbrokers

The chief City watchdog has fined and banned two former senior executives at collapsed stockbroking firm Pacific Continental Securities (PCS) over "serious failures" at the group.

Consumer rights: The adviser and the bond that was sold to a dying man

A £144,000 investment, which has since fallen in value, was recommended to an elderly man with cancer and 'failing mental health'. Is this a case of mis-selling?

Osborne wants loan scheme for businesses

Pressure on Brown to unblock lending freeze from banks to companies

London Madoff staff meet to learn their fate

Staff at Madoff Securities International, the London arm of Bernie Madoff's collapsed US investment business, will meet tomorrow morning to discover their fate. The meeting will be the first since the $50bn scandal broke.

Laid to rest together, the father and the family he killed

Church hosts separate funeral for millionaire and his wife and daughter

Jeremy Warner: Excessive pay is not yet dead

Outlook It's reassuring to see that even in these straitened times, there are still some able to whoop it up as if in the latter stages of the boom. One such is "lucky" John Tiner, a former chief executive of the Financial Services Authority, no less – lucky because he managed to get out of the FSA just before the proverbial hit the fan over Northern Rock and everything else.

Why buy now if prices are plummeting? How deflation could drag us all down

In debt-heavy Britain, delayed purchases will make a mockery of fiscal stimulus and may lead to depression, writes Phillip Blond

Steep rise in numbers declared insolvent

The number of people declared insolvent in England and Wales rose by nearly 9 per cent during the third quarter of the year, figures showed today.

US government could bail out insurance giant AIG in U-turn deal

The US government could end up controlling the insurance giant AIG under a deal being considered late last night.

Meltdown as bank collapses

Wall Street banks were preparing for one of the most dramatic shake-ups in the finance industry's history last night as it emerged that Lehman Brothers, an investment bank with a 158-year history, was working on a plan to declare bankruptcy.

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