Business week in pictures

Closed down shops in Kensington, London. Official figures showed a 0.4% drop in GDP, shocking City economists who had almost unanimously expected an end to recession Photograph: Luke Macgregor/Reuters

Mervyn King, the governor of the Bank of England, launched a blistering attack on Britain's banks, describing the £1tn government support given to them as 'breathtaking' Photograph: Leon Neal/AFP/Getty Images

World oil prices hit their highest point for a year, as a major report urged governments to take drastic action to head off an approaching oil supply crunch Photograph: Reuters

Two Budweiser breweries, one American, one Czech, returned to court to fight a case with both claiming rights to the company name Photograph: Whitney Curtis/Getty Images North America

Property asking prices in London broke through the record high set in November 2007 as the drought of homes for sale around the country continued to distort the market Photograph: David Levene

Revenues from iPhone sales shot up 185% as 7.4m of the gadgets were sold in the latest quarter, showing Apple's appeal is far from on the wane Photograph: Justin Sullivan/Getty Images

A US judge threw out a case brought by Continental Airlines against nine pilots accused of getting 'sham' divorces in order to collect large payouts from an employee pension fund. Photograph: Gary Hershorn/Reuters

This years hottest Halloween outfit, the rubber Bernie Madoff mask sold by Spirit Halloween in New York. Court documents revealed that disgraced Wall Street fund manager Bernard Madoff has swapped his life of luxury for a prison regime in which he eats pizza cooked by a child molester and shares a prison cell with a drug offender Photograph: Timothy A. Clary/AFP/Getty Images

BAA is selling Gatwick to the investment group that controls London's City airport in a £1.5bn deal that will see the 51-year-old site upgraded and modernised Photograph: Martin Godwin

Goldman Sachs offices in London. The vice-chairman, Lord Griffiths, angered many with his comments claiming the public must 'learn to tolerate' big bonuses as a way of achieving greater prosperity for all Photograph: Luke Macgregor/Reuters