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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 ....

Jeremy Hunt , Credit Suisse , Bbc News , Swiss National Bank , Top Stories , Samantha Simmonds , South Korea , Won Tjust , Protest Party , Shake Up , Rmt Union Strike , Central Banks , Banking Crisis , Interest Rate , Sally Bundock , European Central Bank , All Of Us , Lehman Brothers , Domino Effect , Interest Rates , Small Technology Companies , Silicon Valley Bank , High Street , Banking Sector , People Don T Act , Mike Ingram ,

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 things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. 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 quickly and remove their funds from ....

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BBCNEWS Breakfast July 6, 2024

will be finding out what people make of the chancellor s announcement. there s big changes to pensions to encourage people like doctors to stay in work butjeremy hunt s plans prompt accusations his budget favours the rich. check before you travel. rail workers in the rmt union take part in another strike in their discpute over pay, jobs and working conditions. no miracle in madrid for liverpool as they lose their second leg against real and are knocked out of the champions league humbled 6 2 on aggregate. and we hear from kate middleton s childhood piano teacher, who s written a song for the nation to sing on king charles s coronation day. good morning. a much milder day for most of us today, compared to yesterday, but it is going to be cloudy with some showers, and longer spells of rain at times. the chancellor, jeremy hunt, insists his budget will get people back to work and won t just benefit the rich saving for retirement. his comments come after labour criticised his pla ....

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BBCNEWS BBC News July 6, 2024

majority of workers, they have the most votes in this. if they get behind us, then this could get through. if other small unions don t recommend this, for example unite, that might not matter. at this stage it s not clear whether all the unions are going to recommend this offer to their membership. my sense is that the unison, gmb unions will probably get behind this. but it s a big question whether the membership are going to think that is good enough. there is a lot of anger out there. and why is it a sense of suddenly more serious talks now? i was interviewing a key union leaders fought some time, so be it for them, it was completely obvious obvious, that they were offering olive branches to the government that were not being taken up. what changed? that were not being taken up. what chanced? ~ , ., ~ that were not being taken up. what chanced? ~ , ., ,, . changed? why do we look like we re closer to a hat changed? why do we look like we re closer to a hat deal ....

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BBCNEWS BBC News July 6, 2024

first official visit to poland since russia invaded ukraine. the visit is proving more controversial than planned the polish agriculture minister has resigned as farmers complain about cheap ukrainian grain. resigned as farmers complain these are live pictures from warsaw. resigned as farmers complain ukraine s leader has been welcomed by president duda at the presidential palace and he s expected to thank the polish people at the royal castle in warsaw later. we are expecting president zelensky to be thanking the polish people later because pollen has been one of the most outspoken and generous supporters of kyiv since the war started out in february last year. it s taken in millions of refugees and sent more than three hundred tanks. it was also one of the first countries to send fighter jets to ukraine. live now to the polish city of lodz where we can speak to journalist and political commentator marchin makofski. how is this visit by president zelensky being viewed by pol ....

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