“I thought being gay was basically wrong”
— Lord Browne, the former CEO of BP, spent half a century in the closet, so terrified of letting his secret slip that he never talked about himself at all. But since a Sunday tabloid outed him seven years ago, his life has become a series of unimaginable surprises. Read the full interview
Sinking under huge debts and decades of mismanagement, Detroit formally filed for bankruptcy on Thursday, becoming the biggest US city ever to take such a drastic measure. Full story.
Photos fro our gallery of Detroit in decay:
  1. A pedestrian walks past graffiti in downtown Detroit Credit: Carlos Osorio/AP
  2. Downtown Detroit looking south along Woodward Avenue including several buildings recently purchased by the Quicken Loans founder Dan Gilbert Credit: Rebecca Cook/Reuters
  3. A person walks past the remains of the Packard Motor Car Company, which ceased production in the late 1950s Credit: Spencer Platt/Getty Images NA

Guardian sustainable business readers share their resolutions for 2013. Thanks to everyone who submitted an entry - the top ten feature on the poster above.

Illustration: Oli Frape

"No doubt you have also noticed that, with less than 10 weeks to go until the November presidential election, our country is in the grip of an increasingly ugly political campaign. So, with this combination of bad economics and bad politics, we look to you for direction and leadership. It is that simple, and that important.

"We need you to overcome a prolonged period of congressional paralysis and polarization in order to address the country’s malaise. We need you to pivot in your responses from the tactical to the strategic, from the cyclical to the secular, from the partial to the comprehensive, and from sequential to simultaneous reforms."

The oil watchdog Platform recently reported on the vast sums Shell spends on security to protect its property and workers. Here’s a map of how the $343m spent by Shell worldwide on security in 2008 breaks down

Thursday 9 August marks the fifth anniversary of the financial crisis - “the day the world changed” as former Northern Rock boss Adam Applegarth put it.

Larry Elliott, Graeme Wearden and Jill Treanor from our business team will be on hand to answer your questions about what’s next for the world’s economy and the debt crisis. Post your questions now and they’ll be online from 11.30am - 12.30pm BST to answer a selection.

Got a question for our panel?

Northern Rock boss Adam Applegarth said 9 August 2007 was “the day the world changed.” As we approach five years on from the week that the world’s money markets froze, we want to hear your stories and experiences of the past five years.

• How was your work or business affected? What did you do to adapt to the circumstances?
• Did the economic gloom make or force you to change career, country or your lifestyle?
• Were you working in the financial sector at the time or during the five years that followed? What has changed?

Help us build a picture of the individual’s experience of the credit crisis.

Photograph: Pictorial Press Ltd/Alamy

From the Archive - 2 July 1980:

The death of the MG marks the end of one of the most perfect products of free enterprise, born out of the voracious will to succeed of one man and the burgeoning market for middle-class status symbols.

if you haven’t seen the Sun’s front page headline this morning yet…