News from the world of investments and auctions

The National Gallery’s announcement of a new wing and more modern art–enabled by an unprecedented £375 million fund–promises to reignite a historic rivalry with Tate. Will Hosie investigates

Gustav Klimt’s Portrait of Elisabeth Lederer made headlines when it was sold last month, but behind the dizzying price and the magnificent artwork hides the story of an ingenious ruse to escape Nazi persecution

WILL BRUTON ASKS: IS IT A ‘BUYERS’ MARKET’ RIGHT NOW?

Ushering in the New Year are the Decorative Fair, brimming with good-quality antiques, and the London Art Fair, with its tradition of tipping artists in the early stages of their career

Opened at last After 20 years under construction, ...