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BBCNEWS World Business Report July 6, 2024

quarter of this year the bank s last quarter before it had to be rescued by swiss rival ubs. and they illustrate the scale of the crisis which was around the corner. between january and march, credit suisse made a pre tax loss of nearly $1.5 billion. to add to its woes, a massive amount of deposits were withdrawn in the three month period. total outflow was nearly $69 billion. and to remind you what happened next, when there were fresh doubts about the stability of the banking industry a few weeks ago, investors became increasingly fearful for the future of credit suisse. it was eventually bought by its swiss rival, ubs, in what was described as an emergency rescue. the $3 billion price tag was a mere fraction of what the bank would have previously been valued. let s get more now from russ mould, investment director at aj bell. worryingly for the bank, desposits are still being withdrawn. how significant is that? hello, yes, they did say they feel that the outflows ....

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BBCNEWS BBC News July 6, 2024

the public, pulled him from the car and started cpr. the the public, pulled him from the car and started cpr. and started cpr. the emergency services were and started cpr. the emergency services were quickly and started cpr. the emergency services were quickly on - and started cpr. the emergency services were quickly on the - and started cpr. the emergency i services were quickly on the scene, taking over and delivering shocks to restart his heart. pepper, her dad and fiance, headed home, fearing the worst, before receiving the best possible social media message. luckily one of the paramedics or my tweet had messaged me to say that he was alive and ijust tweet had messaged me to say that he was alive and i just cried. tweet had messaged me to say that he was alive and ijust cried. she was alive and i ust cried. she saved my was alive and i ust cried. she saved my life, was alive and ijust cried. she saved my life, it was alive and ijust cried. she saved my ....

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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 at One July 6, 2024

from its phones and devices. hopes of a breakthrough today to end the long running pay dispute in the health service. dramatic footage said to show a russian jet intercepting an american drone and dumping fuel in its path over the black sea. and how this avenue of trees in plymouth was cut down under cover of darkness. and coming up on the bbc news channel. a big night for both manchester united and arsenal as they look to make it through to the quarterfinals of the europa league. good afternoon. the chancellorjeremy hunt has been defending his budget saying it will get people back to work and won tjust benefit the rich. but labour says the move to abolish the cap on the lifetimes pensions allowance is a tax cut for the top 1% of earners. it s planning to force a vote in parliament on the issue next week. meanwhile, the independent economic thinktank the ifs has warned households will feel continuing pain over the coming year, with incomes squeezed amid a freeze on ta ....

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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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