and his supporters. we start with the troubled global banking sector. european markets have closed down more than three percent, spooked by a major sell off of shares in the swiss banking giant, credit suisse. coming days after the collapse of us based silicon valley bank, it s prompted fears of a full blown crisis in the sector. let s take a look at the damage at the close in europe today. shares in credit suisse plunged to a record low, falling 24%. that came after its biggest investor said it could not give the bank any more financial help. here in the uk, the insurer prudential tumbled 10%, and the high street bank barclays, 8%. the plunge by banking stocks left london s ftse 100 down almost 4% at its lowest level this year. it was the index s worst one day performance since the start of the covid 19 pandemic. taking a closer look at credit suisse today was the second day of sharp falls for its shares after the swiss bank yesterday disclosed that its auditor had identif
Of uefas financial rules. Some of the 3,500 passengers quarantined for coronavirus on the cruise ship docked offjapan are allowed to leave. And england beat south africa in dramatic style as their t20 match goes down to the final ball. And coming up in sportsday on bbc news after their winter break wolves and leicester return to premier league action. Well tell you who came out on top at molineux. Good evening. For the second weekend in a row britain is due to be battered by fierce weather with storm dennis replacing storm ciara. Parts of yorkshire, wales and the south west are likely to have flooding, and severe travel disruption is expected. Where storm ciara brought violent gusts of wind, storm dennis will bring up to 140 millimetres of rain thats potentially a months worth in 48 hours in some places. One place at risk is Hebden Bridge in West Yorkshire which has had severe flooding several times before. You can see as we go through the weekend how heavy the rain here will become. T
Meets for the first time, since yesterdays dramatic resignation of sajid javid as chancellor. The number of people diagnosed with mumps in england is at its highest for a decade. Hey, everyone, welcome back to my livestream. Today, were destroying robots. Step one. And the speedy blue hedgehog comes to the big screen. Find out what mark kermode thinks of sonic the hedgehog, and the rest of the weeks big cinema releases, in the film review. Good evening and welcome to bbc news. Manchester city have been banned from European Competition for the next two seasons after being found to have committed serious breaches of uefas Club Licencing and financial fair play regulations. The reigning premier League Champions have also been fined 30 Million Euros thats around £25 million. Our sports correspondentjoe wilson told me earlier how the team is planning to appeal the decision. Winning the Champions League and being the best club in europe and the world, Pep Guardiola has said in recent times