Going, going, gone: how Sotheby’s and Christie’s still lose out on big sales

Despite increasing prices of art, big profits do not always trickle down to auction houses – thanks to generous guarantees to ultra-rich sellers

Movers and makers: the most powerful people in the art world

As Frieze art fair opens in New York, our power primer traces the artists and dealers, celebrity collectors and oligarchs who make the art world go round