Across the uk, landmarks including the blackpool tower, Wembley Stadium and the london eye illuminate in his honour. This morning well have reaction and tributes from those he loved, helped and inspired. And the World Of Sport, that captain sir tom loved so much, has been paying tribute. The former Olympic Champion Jessica Ennis hill said he will forever be a hero to many people. She presented him with a special award in december. And scientists discover the Oxford Astrazeneca vaccine is 76 effective during the three months after the first dose. Good morning. Today we have got some rain, sleet and mostly hill snow moving across Northern Ireland, Northern England and scotland. Southern england are seeing some heavy rain, but in between some heavy some sunshine and showers. Details later. Good morning. Its wednesday, the 3rd of february, and todays breakfast is a special programme to celebrate the life of a man who gave us so much of his time over the last ten months captain sir tom moor
after major concerns over the bank s finances. its shares fell by almost a third on wednesday at one point, forcing the swiss central bank to take action. it issued a statement saying credit suisse can borrow up to $54 billion us to boost its bottom line. today the shares have rebounded and are currently up just over 20%. the selling has continued in asia today, with japan s topix banks index falling more than 4%, after recording its worst day in three years earlier this week. we re nowjoined by craig erlam, who s senior market analyst at oanda. for the story to come out was unfortunate timing. it has the backing of the central bank. covering short positions? it keeps investors that they are holding onto something that is not going to become more innocuous. we will see more volatility over the coming days and now investors are going to be looking at more financial institutions to see if there are material weaknesses there as well. i don t think this is over at this point, i t
hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far things seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very quickly and remove their funds from banks
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 chan