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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 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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