the chairman of the bbc, richard sharp, is facing questions in parliament this morning. he s appearing in front of the digital, media, culture & sport committee he s likely to be asked about his involvement in securing a loan for former prime minister boris johnson. let s listen in. establish the facts about the loan arrangement with the then prime minister, which was being set up at the same time as he was making the appointment of the bbc chair. essentially, from what i ve read, there were three people involved, sam blythe, borisjohnson and you. who started the whole procedure, who approached herfirst? weill. who started the whole procedure, who approached her first? approached her first? well, first of all, thank approached her first? well, first of all. thank you approached her first? well, first of all, thank you very approached her first? well, first of all, thank you very much approached her first? well, first of all, thank you very much for - approached her f
westminsters s brains beyond government have been crunching through its, and they ve concluded what many a newscaster will know, it s the kind of the bleeding obvious, really. they present that times are really tough for people that wages and living standards and housing income are squeezed and will be for while. the tax burden for the highest it has been for a while and will be for a while as well. as we were discussing on the last edition of the podcast. a lot of the budget was quite nerdy and in the weeds. there was a discussion around childcare in england that we talked about. the arguments about pensions for very well. doctors and others to train and encourage them to work and not retire and spend time in the golf course. since then, the political discussion has moved on a bit with the announcement we were talking about with tiktok. what is hope for within government and some of the union resolution to some of the nhs disputes and strikes we ve seen in the last few month
preston crown court after falsely claiming she was the victim of an asian grooming gang. eight and a half years. the devastation left by the earthquake in turkey. now uk engineers fly out to help assess why so many buildings collapsed. and the public swimming pool that is being heated by a tiny data in exmouth. coming up on the bbc news channel, a privilege to play him, but that didn t stop him winning. jack draper faces and beats andy murray for the first time in an all british battle at indian wells. good afternoon and welcome to the bbc news at one. the total amount people can accumulate in their pension pots before paying extra tax is expected to be increased in tomorrow s budget. it s thought people could save up to £1.8 million over a lifetime, up from just over a million currently. the change is part of the government s plans to persuade people to stay in work for longer but critics say the move will only benefit a small fraction of the workforce. here s our econ
after banking shares saw sharp falls on monday. the sell off continued in asia with japan s largest banks also seeing heavy losses. shares of mufg, miz uho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around %90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who s an international investment banker, founding partner at brigg macadam. talk to me about the perception of rate rises being not only part of the cause of this but also now the federal reserve having a rethink about what it does for the cost of borrowing given what we have seen in the banking sector. great borrowing given what we have seen in the banking sector. t