by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we
will receive the £400 to help with rising energy bills in six monthly installments from october. # neighbours, everybody needs good neighbours #. tears on ramsey street as the last episode of the soap opera neighbours airs in the uk later today. and coming up on the bbc news channel. england have won the first gold of the commonwealth games. olympic silver medallist alex yee took the title in the triathlon. good afternoon and welcomes to the bbc news at one. rebekah vardy has lost her libel case, which had become known as the wagatha christie trial, at the high court. vardy had sued coleen rooney after the latter accused her of leaking private information about her to the tabloid press. both women have huge social media followings and business interests, having leveraged their exposure as the wives of famous football players. our correspondent, colin paterson, has been following the trial and is at the high court this lunchtime. this court this lunchtime. has been a disast
we won t play her games, we won t play roles in a tense game, when there is real work to be done, real work on the cost of living crisis, real work to invest in public services. the white house calls the deaths of 46 people found in an abandoned lorry on the outskirts of the texan city of san antonio, absolutely horrific and heartbreaking . ghislaine maxwell is due to be sentenced in the next few hours for recruiting and grooming minors for herformer partner, paedophilejeffrey epstein. borisjohnson faces a row over increased defence spending, as he heads to a nato summit likely to be dominated by the need to boost military resources to counter russia in ukraine. the odds of it being a war in europe have shortened almost as much as the timeline, so we must act. we cannot protect the british people or our allies with transformation strategies and glossy equipment. and coming up in sport, we ll be live at wimbledon as 23 time grand slam champion serena williams prepares to go o
well, going by lewis hamilton s assessment, perhaps not. the seven time f1 champion says he s never seen a car as fast. it was drivern to victory by sergio perez yesterday, who won from pole in saudi arabia. teammate max verstappen still finished second, despite starting from 15th. fernando alonso was third, he s having a good season. although the trophy was briefly given to george russell because of a time penalty, but was then rescinded. but two races, two red bull wins. prompting hamilton to make the asssesment, which says a lot about his chances. as well as the six nations being decided this weekend congratulations to ireland for completing the grand slam by the way there was also a trophy lifted in domestic rugby union. exeter chiefs beat london irish 24 20 in extra time to win the premiership rugby cup. it s their third domestic cup triumph since promotion to the top flight in 2010.
since august on my leave, and if i had my time again i would have come back from my leave earlier than i did. the government says last summer s crisis was unprecedented and presented huge challenges to all those involved. but it concedes there are fundamental lessons to learn. caroline hawley, bbc news. our top story this lunchtime: rebekah vardy has lost the high court libel claim she brought against coleen rooney over a social media post, in what s become known as the wagatha christie case. and as the commonwealth games in birmingham gets under way, i m here at edgbaston cricket ground for the first ever women s t20 match. coming up on the bbc news channel. lewis hamilton leads the tributes to four time f1 champion sebastian vettel after he announced he ll retire at the end of the season.