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The Guardian - UK
The Guardian - UK
Business

Business week in pictures

Week in Business: Bernie Madoff pleads guilty to $50 billion scheme to de-fraud investors
Bernard Madoff has admitted that he cannot believe he got away with his $65bn (£38bn) fraud for so long, in his first interview since being jailed. The disgraced financier chose to lift the lid on his crimes to lawyers who represent victims of his Ponzi scheme Photograph: Mario Tama/Getty Images North America
Week in Business: British Airways breakfast on flight to Florence in standard class
British Airways breakfast on flight to Florence in standard class. There is no such thing as a free lunch at 35,000 feet, the airline announced, as the loss-making carrier scrapped meals on short-haul flights, except breakfast Photograph: Brian Harris/Rex Features
Week in Business: Coca-Cola is trialling Vio, a new carbonated 'vibrancy' drink with milk
Coca-Cola is trialling a new carbonated 'vibrancy' drink with a hint of milk, Vio, and it will depend on Americans' tastebuds whether other countries experience what the company claims is 'a refreshing sensory experience' Photograph: Vio
Week in Business: A man reads information at a brokerage house in Shanghai.
A man reads information on an electronic screen at a brokerage house in Shanghai. Chinese shares suffered their biggest fall in eight months as rumours swept the market that the government was poised to intervene to end its recent rally Photograph: Aly Song/Reuters
Week in Business: Offshore oil rigs extracting crude oil near Santa Barbara, California.
In a bumper week for results, oil companies BP and Shell suffered a fall in profits as demand for crude weakened Photograph: David McNew/Getty Images
Week in Business: Sky television film Swan Lake by the English National Ballet in 3D
Sky television film a performance of Swan Lake by the English National Ballet in 3D. BSkyB added 124,000 subscribers in the past three months Photograph: Oli Scarff/Getty Images
Week in Business: Shoppers make their way down an escalator at the San Francisco Centre
Shoppers make their way down an escalator at the San Francisco Centre. The FTSE 100 matched its record of 11 consecutive days of gains but failed to beat it as worries over American consumer confidence brought the winning streak to end Photograph: Eric Risberg/AP
Week in Business: John Kingman, chief executive of UK Financial Investments Ltd
In banking, one of the most influential jobs in the sector is up for grabs after John Kingman announced his intention to quit as head of UK Financial Investments, the body that controls the taxpayer's stakes in the bailed-out banks Photograph: Rex Features
Week in Business: Eric Daniels after a meeting with the Chancellor
And newly appointed Lloyds chairman Sir Win Bischoff threw his support behind the embattled group's chief executive, Eric Daniels seen leaving after a meeting with Chancellor Alistair Darling Photograph: Leon Neal/AFP/Getty Images
Week in Business: Housing construction in Dalston east London
And there were confusing signals in the housing market - Hometrack reported earlier in the week that sentiment remained fragile, but Nationwide said later that prices had risen sharply month on month Photograph: Sarah Lee
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