on an issue that impacts the global economy. us treasury secretary janet yellen says the us could run out of cash byjune 1st, prompting president biden to call a meeting with the top leaders in congress next week. in a letter to the leaders today, yellen warned: speaker mccarthy responded to yellen in a statement, saying. the republican controlled house passed a debt ceiling bill last week that includes steep spending cuts. senate democratic majority leader chuck schumer announced a process to pass a clean bill with no cuts just hours ago. meanwhile, a little relief in the banking sector. wall street giantjp morgan chase took over the troubled first republic bank in a $10.6 billion deal brokered by regulators. they seized first republic early on monday, after efforts to rescue the bank fell through over the weekend. the failure of the bank is the second largest in us history, and the third in the country since march. samira hussain has more. as of monday, first republic custo
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
they will not work and they are unfair. also in the programme this lunchtime. questions from relatives about why it took police almost two days to find the victims of a car crash in cardiff that left three young people dead and two seriously injured. scientists say annual flood damage in parts of the uk could increase by more than 20% over the next century. calls for anyone with a prepayment meter for their energy supply to have it removed for free. and tickets for this year s eurovision song contest final in liverpool have sold out in just over half an hour. coming up on the bbc news channel. refunds for liverpool fans who attended last year s champions league final, as uefa take responsibility for scenes where supporters were tear gassed in paris. hello. good afternoon. enough is enough the words of the home secretary in the last few minutes as she outlined the government s plan to stop migrants coming to the uk on small boats. suella braverman was introducing to the ho