Business week in pictures

Bentley will unveil its fastest, most powerful production car ever at next month's Geneva motor show. It is tagging the Geneva debutante 'the extreme Bentley', a two-seater that harks back to the 1920s and the glamorous, speed-struck 'Bentley Boys' Photograph: PR

UBS has replaced its youthful chief executive Marcel Rohner with a 40-year veteran from Credit Suisse, Oswald J Gruebel, in the bank's latest desperate move to save itself Photograph: Siggi Bucher/Reuters

Royal Bank of Scotland has suffered the biggest loss in British corporate history‚ more than £24bn‚ and admitted the taxpayer could end up owning 95% of the bank if its losses continue to mount Photograph: Dominic Lipinski/PA

An embarrassing public row broke out between City minister Lord Myners and Sir Fred Goodwin over the former Royal Bank of Scotland chief executive's refusal to give up his £693,000 a year pension. Goodwin insisted ministers had known of his £16m pension pot for months and that he was going to hold on to it Photograph: Murdo Macleod

Michael O'Leary has accused Thomas Cook of overcharging two customers to fly Ryanair Photograph: Fiona Hanson/PA

Japan's economic crisis deepened after figures showed exports fell by a record 46% in January from a year earlier, leaving the country with a record trade deficit Photograph: Yuriko Nakao/Reuters

Centrica, the owner of British Gas, is creating 1,500 mostly 'green-collar' jobs to build wind farms and low-carbon power plants like nuclear reactors and also to install energy-saving insulation in customers' homes Photograph: David Sillitoe

National Express, which owns owns the National Express East Anglia, Stansted Express and c2c franchises, slashed its dividend and refused to rule out further job cuts as the indebted transport group vowed to hold on to its recession-hit rail businesses Photograph: PR

The chancellor came under fire for allowing Northern Rock to award bonuses to hundreds of managers and staff, even though the state-owned bank revealed a £1.4bn loss last year. The government also faced criticism after its U-turn over Northern Rock's lending policy, which will see the bank switch from repaying a huge taxpayer loan to injecting £14bn of new mortgages‚ £10bn of it from the exchequer ‚ to try to breathe life into Britain's ailing housing market Photograph: Christopher Thomond

Vodafone it is to cut about 500 jobs in Britain, making it the latest corporate heavyweight to slash its workforce in the face of the recession. The mobile phone company's cuts represent about 5% of its 10,000-strong workforce in Britain and come as part of a £1bn cost-cutting drive Photograph: Getty