trouble in the valley? financial stocks slump as investors move to withdraw their deposits from silicon valley bank, a key lender to start ups. and the uk grows more healthily than expected injanuary but the government warns there s still a long way to go to restore stability. welcome to world business report, i m tadhg enright. we start in the us with a story causing some worries on financial markets. silicon valley bank has been trying to reassure its clients their money is safe after a 60 per cent collapse in its share price since wednesday. svb has been a key lender to many tech start ups the likes of airbnb and linkedin but questions have been raised about its financial health after it launched a huge share sale to raise money. joao da silva has the details. svb dropped massively overnight as the bank revealed it lost $1.8 billion and the folio of securities valued at around $21 billion. as a result of those losses, the bank was forced to rage cash by a huge share sa
motorway drivers stuck for hours overnight, as heavy snow and strong winds cause travel chaos in parts of the country. keep getting called to stranded motorists on the cross pennines routes, cars that can t progress because of the snow, some medical emergencies. fears of a recession ease as new figures show uk economic output bounced back slightly injanuary by 0.3%. and there s a new duke of edinburgh prince edward is given the title of his late father, prince philip. and coming up on the bbc news channel despite injury and illness struggles, emma raducanu has returned to winning ways in her first match since the australian open injanuary. good afternoon. the prime minister is in paris today for a summit meeting with the french president emmanuel macron. rishi sunak says it s a new chapter in anglo french relations. he s pushing france for more action to stop migrants crossing the channel in small boats and is likely to offer the french authorities more money to help th
point them towards guidance. and we really don t want the products getting into the hands of children. how often is the guidance on these things reviewed, and who does it? most of the guidance out there at the moment is actually done by trade associations, like we have done them with the association of convenience stores, and they are updated very regularly and this is such a growing area for retailers and we have to keep on top of the law. we have to make sure all of the guidance out there is correct, so it is available and we don t have any particular guidance from government which is why the industry ourselves have taken it upon us to write the guidance to support retailers and stop underage sales and prevent the noncomplying goods entering the market. , ., , noncomplying goods entering the market. , ., market. does there need to be more uuidance, market. does there need to be more guidance. do market. does there need to be more guidance. do you market. does there need
£10 million of tax payer s money that should have been used to help small businesses during covid. drivers are stuck for hours overnight after snow in some parts of the uk causes disruption on the roads. # never fighting but it always wins. later in the hour on the bbc news channel, looking at the penultimate news channel for the six nations champion. can they keep the grand clean dream good evening. gary lineker has been pulled by the bbc from presenting match of the day following his tweets criticising the government s latest immigration policy. a bbc spokesman said he will step back from match of the day until there is an agreed and clear position on his use of social media . the controversy blew up after gary lineker compared the home secretary s language on people arriving here on small boats across the channel with that used in 1930s germany. bbc staff are expected to remain impartial and not express personal opinions those defending gary lineker have said that
mistake, they are not going to let it completely destroy everything, because they have these bigger, not necessarily bigger fish to fry but very important fish to fry. robert, thank ou very important fish to fry. robert, thank you for very important fish to fry. robert, thank you for talking very important fish to fry. robert, thank you for talking through - very important fish to fry. robert, thank you for talking through that | thank you for talking through that news conference. our political correspondent rob watson. and if you want to find out more on that, you can go to our live pages on the bbc website. a woman awoman and a woman and two boys have been found dead at a property in london. police were called and found the bodies of a 47 year old and two boys aged nine and seven. let s speak to our correspondent for more. what can you tell us? ~ , , correspondent for more. what can you tellus?~ , , correspondent for more. what can you tellus? , , correspondent for more.