By James Mackintosh, investment editor

Arise, Mr Fred Goodwin. The banker who single-handedly brought down the British banking system has had his knighthood stripped away, and no one is sorry. Politicians, the public and the press are united in supporting the move against the former chief executive of Royal Bank of Scotland.

The pitchfork-wielding mob is wrong. Read more

It would be prudent to pause before taking advice from a man who was gaoled and his business empire broken up. Read more

Dubai announced a restructuring proposal for troubled conglomerate Dubai World on Thursday, including a commitment to pump $9.5bn into the company and Nakheel, its development arm. Watch the Lex/Bloomberg video below. Read more