Week in pictures

Shares in the housebuilding sector crashed after Taylor Wimpey shocked the market with the news that it has not managed yet to secure a badly needed £500m cash injection and that it risks breaching its banking covenants next year Photograph: PA

The oil price rebounded after Opec announced a surprise cut in production in an attempt to halt the recent decline in the cost of a barrel of crude. Having fallen by almost 30% in the last two months to the fringes of the symbolic $100 mark, US crude jumped back above that level Photograph: Linda Nylind/Guardian

Tuesday: BP was at the centre of a huge row after unveiling record quarterly profits of $10bn (£6.4bn) - a rise of 148% Photograph: BRITISH PETROLEUM/HO/EPA

A chastened Royal Bank of Scotland posted a loss of £691m - its first in four decades - after writing off almost £6bn because of the credit crunch Photograph: Newscast

Arun Sarin, departing chief executive of Vodafone, will leave the mobile phone company he has run for the past five years, with as much as £25m in his pocket. Read the article Photograph: Newscast/Jason Alden/Newscast

The lowest percentage of people since 1999 are happy with Threadneedle Street's handling of inflation. Read the article Photograph: Martin Godwin/Guardian

Y is for Yahoo: It was a busy year for the internet search engine Yahoo: a controversial $800m advertising deal with the rival company Google collapsed; the co-founder Jerry Yang stepped down as chief executive, and 1,500 jobs were slashed Photograph: Don Ryan/AP

T is for Terminal 5: The chaotic opening of Heathrow's terminal 5 on 27 March was dubbed as a "national embarrassment" by the Commons transport select committee. More than 23,000 bags went missing and more than 500 flights were cancelled when the baggage system collapsed, despite a six-month training programme. Willie Walsh, BA's boss, apologised for the debacle – and admitted that the airline cut corners on its training Photograph: Peter Macdiarmid/Getty