Lehman collapse: what has happened to the markets since?

The effect on the FTSE 100 through to pensions, house prices and savers

• UK wages have not yet recovered to pre-crisis levels, says IFS

Lehman Brothers filed for bankruptcy on 15 September 2008, prompting a fall in the FTSE 100 of 4%. It was the beginning of a slump that by Christmas of that year had resulted in 23.4% being wiped off the value of Britain's top 100 companies.

Lehman Brothers filed for bankruptcy on 15 September 2008. With $639bn in assets, it was the biggest bankruptcy filing in history - 10 times the failure of the fraud-riddled energy company Enron.