No signs of City crisis as Bacon sells for 26m

“When I die, my paintings won’t be worth anything, I’ll be forgotten,” Francis Bacon once told a friend. How wrong the artist, who died in 1992, was. One of his canvases was sold last night for £26.34 million, breaking the record for any postwar and contemporary work of art sold in Europe.

Read the full story by Dalya Alberge, Arts Correspondent for the Times Online