and hopes of a deal between gary lineker and the bbc in a row over impartiality which disrupted sports programmes over the weekend. hello and welcome to bbc news. the us government says people and businesses who have money deposited at silicon valley bank, which collapsed last week, will be able to access all their cash from today. a statement from the us treasury and the federal reserve said depositors would be fully protected and said american taxpayer would not bear any losses from the move. the same guarantees have been given to account holders with signature bank of new york, which was badly hit by the turmoil and came under regulatory control on sunday. in the uk, the government has announced that hsbc will buy the uk arm of svb, meaning customers will be able to access their deposists and banking services as normal. here s the uk s finance minister. well, there was never a systemic risk to our financial stability in the uk. the bank of england governor made that clear
and winds of change. cloud computing, augmented reality, and 100km/h yachts! how sailgp hopes to get the video game generation on board. this we start with the cost of borrowing because it is on the rise again. in the next few hours the bank of england and the european central bank are both expected to increase their main interest rates by half a percentage point to their highest in m years as they battle to bring inflation under control. good news for savers of course, but piling more pressure on businesses and many people with loans and mortgages. for the bank of england, it would be the tenth rise in a row and would take the cost of borrowing to 4% its highest since 2008. on wednesday the us federal reserve announced a quarter percent increase a much smaller rise than in recent months. but its chair, jerome powell, warned that it would not be the last. as samira hussain in new york reports after in new york reports a year of aggressive rate increases after a year o
zahawi. iamat i am at the amazon warehouse in coventry to find out the details of the dispute where workers threatened to walk out. in memory of her dad bill turnbull s daughter tells us why she is running the london marathon in his name. he was the real light of our lives really and he was centre of ourfamily, so losing him has been a huge, huge loss for us, but, equally, ifeel so incredibly lucky to have him. it s advantage newcastle as they close in on a first cup final in in almost a quarter of a century as they beat southampton in tehir league cup semifinal first leg. there semifinal first leg. is frost and fog in parts of the there is frost and fog in parts of the south. it will be cloudy in england and wales with rain coming through. in scotland and northern ireland, after a cloudy wet start, brightening up with sunshine and showers. all the details throughout the programme. it s wednesday, 25th of january. our main story. it s been confirmed that two british aid wor
hemisphere ripped through madagascar twice and now heads to mozambique for a second time. it to mozambique for a second time. , ., , ., ~ time. it may have broken the record as time. it may have broken the record as the time. it may have broken the record as the longest - time. it may have broken the record as the longest lasting| record as the longest lasting cyclone in history on record. it has been named tropical cyclone now for 33 days. a named tropical cyclone. hello and welcome to bbc news. we start in the us, where regulators have shut down silicon valley bank one of the major lenders to tech companies and start ups in what s the largest banking failure in the us since the 2008 financial crisis. our north america tech correspondent james clayton has been explaining how it happened. well, this is one of those days that will go down in silicon valley history and it s certainly one of the most stressful days for silicon valley founders in modern times. we ve spok