An adjustment to the new normal. The new normal being Interest Rates rising in the us. Credit becoming more expensive, which is especially bad for companies which have a high leverage. And the cheap money, the bond buying of the central banks, both in the us and in europe stopping. So we are getting off that drug called cheap money and low Interest Rates. Acres people at this point are thinking about where to put their money, the pension fund managers, the big fund managers, if Interest Rates in the United States are going to go up more than we were thinking, maybe more than three times this year, maybe four, you will think about where to put your money, it wont necessarily be in emerging markets. It might be in the United States. It may be in the United States. It may be in the United States, it may be in europe, which is going gangbusters. What has been encouraging for emerging markets, we did not see that drain of capital. Remember when they started, when they had ill fate of rate h
In asia and the us. We go beacon with the boss of a firm cashing in on the boom in healthy eating, but it is delivered to your door. We are asking whether the market volatility is a long overdue correction or a market panic. Let us know your thoughts. Where do you put your money . A warm welcome to the programme, a lot to squeeze in today. There seems to be no stopping the global stock market sell off. Sparked in the us, it swept through asia and the malaise is happening now gcioss european bourses. The start of the week saw the biggest decline on wall street for six years. So lets look at the numbers moments ago, europe is trading right now, but this is how things went in japan, closing down nearly 5 lower. At one point today injapan, in tokyo, it down nearly 7 . That is the big fall on the dowjones. Thats the biggest one day fall in terms of points in its history. The snp 500 also losing ground. In a moment, well go live to a Trading Floor in london and our team based in singapore bu
Yea rs take off in next hour. And it is 100 years since women first got the right to vote but only if they were over 30 and owners of property. Good evening and welcome to bbc news. Former executives at the failed construction and services giant carillion have apologised for the compa nys collapse. But they denied claims by mps that they were asleep at the wheel. The firm which employed 20,000 people in the uk went into liquidation last month. Today the companys former directors faced a committee of mps to explain what theyd known about its financial position. Our Business Editor simonjack reports. Summoned to westminster carillions top brass. Philip green was chairman of the board when the company collapsed, and he started with an apology. I would say i am deeply sorry for the impact that the collapse of the company had on employees, pensioners, customers, suppliers and all stakeholders. So what went wrong . Xhaka khan was finance director and said that hundreds of millions was owed b
Is now preparing to stand down. How some of englands most deprived areas suffer some of the biggest cuts in spending on Childrens Services. Hundreds of women gather at westminster to celebrate the events of a century ago when millions were given the right to vote. And the worlds most powerful rocket has been launched tonight from Kennedy Space Center Experts say it could transform space exploration. Coming up on sportsday on bbc news. Could swanseas Carlos Carvalhal guide his side past notts county in tonights fourth round replay to set up a tie against his former Club Sheffield wednesday . Good evening. For the first time former executives of carillion have spoken publicly about the collapse of the Construction Firm which went into liquidation last month with debts of one and a half billion pounds. The senior figures appeared before a Parliamentary Committee which accused them of being delusional and of falling asleep at the wheel. The former executives rejected suggestions that they
Winner Frances Mcdormand said she was backing it without wearing black herself. I have a little trouble with compliance. Good morning. Its monday 19 february. Welcome to bbc newsroom live. Theresa may will announce a year long review this lunchtime into how Higher Education is funded, admitting that england has one of the most expensive systems of tuition in the world. In a speech in derbyshire, the Prime Minister, who will say she shares the concerns of students and parents about the cost of getting a degree. Universities are free to charge up to just over £9,000 a year, depending on the course. However, only a handful charge less than the maximum. Graduates in england now leave university with average debts of more than £50,000. Thats because Interest Rates on Student Loans now stand at 6. 1 . 0ur assistant political editor, norman smith, is in westminster. Good morning. The university and couege good morning. The university and College Union says this review needs to be radical an