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BBCNEWS BBC News July 6, 2024



hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very q ....

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BBCNEWS Breakfast July 7, 2024

it s wednesday 21st september. our main story. businesses will learn today how the government will help ease the pain of soaring energy bills this winter. the business secretary, jacob rees mogg, is due to announce more details later this morning, but it s understood businesses could have their bills cut by up to a third. nina is in huddersfield this morning. good morning, nina. what details do you have to tell us about so far? good morning. it has been a long and very painful two weeks for businesses. it has almost been a fortnight since that announcement by the prime minister of household bills capped at £2500, but saying businesses would have to wait. we now understand some of the details. there won t be an average cap on use, but there will be a cap on the price per unit of gas and electricity. it s quite complicated, but we understand how that will translate a savings of around a quarter to a third for businesses like this one in huddersfield. so here they use £40,000 ....

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BBCNEWS BBC News July 7, 2024



a man suspected of killing ten people in a mass stabbing in canada has died after being arrested. further criticism of how police forces in england and wales are trying to tackle violence against women and girls. and it s back to schools for the young royals as george, charlotte and louis all start at lambrook school in berkshire, after the family s recent move to windsor. good morning. the prime minister, liz truss, will this morning unveil her long awaited plan for tackling the soaring cost of gas and electricity spending billions of pounds to protect households and businesses this winter. under the proposals, typical household energy bills could be capped at around £2,500 pounds a year, with businesses also in line for help. that is in england, wales and scotland. it s expected to be funded by £100 billion of government borrowing as our political correspondent, helen catt, reports. there you go, darling. this lunch club in peterborough provides much needed help ....

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BBCNEWS BBC News June 4, 2024 09:40:00

Viable with to be around £11,500. it is not viable with all the other bills and course viable with all the other bills and course of viable with all the other bills and course of the business. i know a lot of the course of the business. i know a lot of the budget was built on growth and the of the budget was built on growth and the direction we re going, in reality. and the direction we re going, in reality. it and the direction we re going, in reality. it is and the direction we re going, in reality, it is a cliff edge for any high reality, it is a cliff edge for any high energy business. you are going to see high energy business. you are going to see why high energy business. you are going to see why skilled job losses, closures. to see why skilled job losses, closures, the plan for growth is going closures, the plan for growth is going to closures, the plan for growth is going to disappear. disappointment that there was going to disappear. disappointment ....

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