civil servants. meanwhile, separate data from the bank of england shows british lenders reported a sharp increase in the rate at which households and businesses defaulted on loans such as mortgages. the chancellor said the economic outlook was still brighter than expected. let s bring in the chief economist at kpmg. the uk economy remains weaker than any other country in the g7. we still have twin drives of high inflation and rising interest rates. how resilient do the you think the uk economy is? the latest data has been think the uk economy is? the latest data has been more think the uk economy is? the latest data has been more positive - think the uk economy is? the latest data has been more positive than i data has been more positive than what we feared late last year so it seems like the overall economy is more resilient and the majority of the weakness that we saw more recently is related to strikes rather than any fundamental weakness of the economy but obviously w
the doj is putting a magnifyin glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u.s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what do you need to know from doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, is a.b. is not commenting as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say t
glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what you need to know from a doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, svb is not commenting. as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say to stay tuned on that matter, and at t
important this is to you on twitter @annitabbc #bbcyour questions united in music the slogan for this year s eurovision contest is unveiled as the official eurovsion handover ceremony takes place today in liverpool. and coming up on the third anniversary of brexit, we ll have a special phone in on the impact. my colleague nicky campbell will be asking what your experience has been so far, in the next half an hour. hello and welcome to bbc news. the uk economy is due to get smaller this year and do worse than other major nations, including russia that s according to the world s most important international financial organisation, the international monetary fund. it predicts the uk economy will shrink by 0.6% this year. it believes the uk will be the only country among the world s major economies to see its economy get smaller. it says its forecast reflects the uk s high energy prices, high inflation and high interest rates. the us, germany, france, italy and japan are