and us regulators were informed of and us regulators were informed of an international stately drive to manipulate interest rates in the 2008 financial crisis but they cover it up. this morning the times newspaper on the bbc have published quotes from a secretive interview with barclays treasurer who gave evidence. artificially push down benchmark interest rates. that evidence was withheld from parliament and from jurors in the criminal trials of traders for manipulating interest rates. regulators, though, say they have met their disclosure obligations. what is going on, economics correspondent andy verity led the investigation and told me about the significance of holding them at lowering those rates. when you hear about interest rates whether on your mortgage or your personal loan actually they are not based on those central bank interest rate that is business hacks obsess about. they are actually based on how much it cost banks to borrow cash and international money market
things for ourselves. what do you think? is limiting foreign labour about embracing opportunities and spirit as brexit, as the home secretary will say? that brexit enables us to build a high skilled economy that is less dependent on foreign labour, or is this cutting is on the national nose to spite the national face? does the uk need to reduce its reliance on foreign workers? are british workers ready and willing to fill the gap? our british workersjust our british workers just as good? do we need foreign labour? get in touch. here is the news. the uk is set to give more monetary support to ukraine, including air defence missiles and drones. downing street made the announcement as president zelensky arrived for talks with rishi sunak. senior doctors in england are voting on whether to strike. their union, the british medical association, said pay talks with the government ended on saturday, with the final offer it called unacceptable. the government urged to bma to consider
shares ended up more than 50% after it confirmed it was exploring strategic options including a possible sale. but pac west isn t alone, and shares of other mid size and small banks are also taking hit. our north america business correspondent has more on what is driving this. us regional bank stocks suffered more sizeable losses on thursday despite assurances from the head of america s central bank, saying that the us financial system remains sound. leading the way was pac west, which saw its share price halved yet again, which means since the start of the week, its stock is now worth about a quarter of its value. also trailing we saw first horizon and the western alliance. those stocks under pressure, and the value of those shares falling more than 30%. what is driving some of this is higher interest rates. that has meant that they have had to write down the value of some of their assets that are sensitive to rising interest rates, then you have the fact that there are slig
to most people fleeing war and persecution, and urged the british government to pursue what it called more humane solutions. archaeologists say they ve discovered a roman shrine buried beneath a former graveyard next to leicester cathedral. a team has spent the last year digging at the site ahead of building a new visitors centre, to support the influx of tourists since the remains of richard iii were found a decade ago. the recent dig took place less than 50 metres from where the king s remains were discovered. phil mackie has been given special access to the site. deep beneath leicester city centre, they ve been uncovering 2,000 years of history. so we ve been excavating here for about nine months now. matthew morris is excited. and he s the man who unearthed the remains of richard iii, in a car park barely 50 metres away 10 years ago. in this corner, eight metres underground and right next door to leicester cathedral, they ve made an important discovery. these are our sort