look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delivering c
giant has revealed results for the first quarter of this year. the last quarter before it had to be rescued by its swiss rival andy illustrate the scale of the crisis which was around the corner. betweenjanuary and march, credit suisse made a pre tax loss of nearly one and a half billion dollars and to add to its woes, a massive amount of deposits were withdrawn in that three month period. total output was nearly $69 billion and to remind you what happened next, there were fresh doubts about the stability of the wider banking industry, just a few weeks ago investors became increasingly fearful for the future of credit suisse, it was eventually bought by the swiss rival in what was described as an emergency rescue. the $3 billion price tag a mere fraction of what the bank would have been previously valued. this crop looked cross live to the head of investment at interactive investment. for being with us. what s interesting is that we also heard from credit suisse today that wi
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 to add to its woes, a massive amount of deposits were withdrawn in the three month period.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 are st
fighting in that country we have the very latest on the deadly conflict and what could be next for thousands of americans who are still over there. plus, we ve got new polling on the 2024 presidential election how voters are feeling about president joe biden s re-election campaign as well as donald trump s mounting legal issues. and also ahead, what we can expect on capitol hill this week as the house is expected to vote on speaker kevin mccarthy s plan to raise the debt ceiling. good morning and welcome to way too early on this monday, april 24th i m jonathan lemire. thanks for starting your day and week with us and we ll begin this morning with the developing news out of northeast africa the united states has evacuated and temporarily closed its embassy in sudan as conflict grows in that country. fighting between warring military factions in the capital has killed hundreds and thousands of citizens are still there. they re still remaining in the country. nbc news