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crisis. the collapse of silicon valley bank on friday has sent shock waves around the world. it is foiled full central banks and regulators to act. on friday, california banking regulator closed down. largest bank failure since the globalfinancial largest bank failure since the global financial crisis. largest bank failure since the globalfinancial crisis. since largest bank failure since the global financial crisis. since then, to other regional banks have also gone bankrupt, silver gate and signature bank in new york. in a big draw bid to stem contagion across the industry the government stepped in and guarantee deposits across the entire banking system, ensuring that all account holders could retrieve their funds. all account holders could retrieve theirfunds. meanwhile, here in uk, hsbc has acquired silicon valley bank uk forjust a pound. government said customer deposits have been protected and no taxpayer money will be used to bail out the bank. president biden ....
operations likely to be impacted so cancer treatment for example we know that 140,000 operations have had to be cancelled over the winter because of a range of strike action but what are they calling for? well, it is all about pay and conditions and the british medical association is calling for a 35% increase in wages and they say it hasn t kept up with inflation of the last 15 years and they ve essentially had a pay cut. junior doctors as well themselves say that people are leaving the profession to find better paid jobs elsewhere. joining me is doctor robert levenson who is co chair of thejunior robert levenson who is co chair of the junior doctors committee on the british medical association. people will be wondering why you are not at work and you are here on the picket lines. . , u, work and you are here on the picket lines. . , , , , lines. there are significant issues that face junior lines. there are significant issues that face junior doctors, - lines. there are s ....
Arguing that qualified doctors could earn more working in a coffee shop. doctors say they ve had a real terms pay cut of 26% in recent years. the health secretary steve barclay says their pay claim is unaffordable. the health secretary steve barclay says their pay claim is unaffordable. as you can see, hundreds ofjunior doctors have lined the streets. our health correspondent, katharine da costa, is outside thejohn radcliffe hospital in oxford for us this lunchtime. this is set to be the biggest and longer strike action ofjunior doctors in nhs history. we started at seven o clock this morning they are continuing on to seven o clock on thursday. of course, this will have a big impact on patient care. there are more than 40% of people in the medicalforce are there are more than 40% of people in the medical force are junior doctors and nhs bosses say that nonurgent ....
The health secretary steve barclay says their pay claim is unaffordable. the health secretary steve barclay says their pay claim is unaffordable. as you can see, hundreds ofjunior doctors have lined the streets. our health correspondent, katharine da costa, is outside thejohn radcliffe hospital in oxford for us this lunchtime. this is set to be the biggest and longer strike action ofjunior doctors in nhs history. we started at seven o clock this morning they are continuing on to seven o clock on thursday. of course, this will have a big impact on patient care. there are more than 40% of people in the medicalforce are there are more than 40% of people in the medical force are junior doctors and nhs bosses say that nonurgent and nhs bosses say that nonurgent and preplanned operations will be hugely affected as well as urgent ....