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Newsday

this month were blamed in part on higher borrowing rates. the latest decision has raised fears about the health of the us financial system, but the fed chairman spoke to reassure the public. our banking system is sound and resilient, with strong capital and liquidity. we will continue to closely monitor conditions in the banking system and are prepared to use all of our tools, as needed, to keep it safe and sound. in addition, we are committed to learning the lessons from this episode and to work to prevent events like this from happening again. borisjohnson — the former british prime minister — has repeatedly denied lying to parliament about lockdown parties at downing street. he has been giving evidence to a cross—party committee of mps, who are investigating whether he deliberately or recklessly gave misleading assurances that all rules and guidance had been followed. mrjohnson did — during three hours of questioning — admit that social distancing had not been "perfect" but insisted the gatherings were "essential" work events.

Fears , Us , Banking-system , Part , Liquidity , Borrowing-rates , Health , Decision , Public , Financial-system , Capital , Fed-chairman

Newsday

banks— facilities in place to allow banks to exchange that out. that was tony nash, chief economist at complete intelligence in texas. borisjohnson — the former british prime minister — has repeatedly denied lying to parliament about lockdown parties at downing street. he has been giving evidence to a cross—party committee of mps, who are investigating whether he deliberately or recklessly gave misleading assurances that all rules and guidance had been followed. mrjohnson did — during three hours of questioning — admit that social distancing had not been "perfect" — but insisted the gatherings were "essential" work events. here's some of what he had to say. your first concern is that i may have knowingly and recklessly deceived parliament when i said the rules were nominally broken and the guidance had completely been followed number 10. when i said those words, i was not trying to cover up or conceal

Banks , Boris-johnson , Place , Tony-nash , Uk , Facilities , Former , Intelligence , Texas , Parliament-of-uganda , Lockdown-parties , Evidence

BBC News

happened with the svb bank and the weaknesses that were known, does that potentially exist with another banks? definitely, the potential— with another banks? definitely, the potential exists _ with another banks? definitely, the potential exists with - with another banks? definitely, the potential exists with other i the potential exists with other banks. we don't know how many banks. we don't know how many banks are the problem. this is why i think that the lack of leadership and the permanent change about what's going on is making the markets a little bit nervous and we saw this today at the end of the market round, with the stocks suffering in a very large way. with the stocks suffering in a very large way-— with the stocks suffering in a very large way. thank you very much for _ very large way. thank you very much for your— very large way. thank you very much for your time. _ very large way. thank you very much for your time. my - much for your time. my pleasure- _ borisjohnson — the former british prime minister — has repeatedly denied lying t0 parliament about lockdown parties at downing street. he has been giving evidence to a cross—party committee of mps, which is investigating whether or not he deliberately or recklessly gave misleading assurances that all rules and guidance had been followed. here's some of what he had to say.

Banks , Problem , Potential , Silicon-valley-bank , Weaknesses , Lack , Change , Stocks , Leadership , Market-round , The-end , Parliament

BBC News

exist with another banks? definitely, that potentially exists with other banks. we don't know how many banks are in problem and this is why i think that the lack of leadership and the permanent change in this course about what's going on is making the markets a little bit nervous and we saw this today at the end of the market round, at the stocks suffer a very large dip. borisjohnson — the former british prime minister — has repeatedly denied lying t0 parliament about lockdown parties at downing street. he has been giving evidence to a cross—party committee of mps, which is investigating whether or not he deliberately or recklessly gave misleading assurances that all rules and guidance had been followed. here's some of what he had to say. your first concern is that i may have knowingly and recklessly deceived parliament when i said the rules were not broken and the guidance had completely been followed at number 10. when i said those words, i was not trying to cover up

Banks , Problem , Change , Leadership , Lack , Stocks , Dip , Course , Market-round , The-end , Boris-johnson , Parliament

BBC News

exists with other banks. we don't know how many banks are in problem and this is why i think that the lack of leadership and the permanent change in this discourse about what's going on is making the markets a little bit nervous and we saw this today at the end of the market round, and the stocks suffer a very large dip. borisjohnson — the former british prime minister has repeatedly denied lying to parliament about lockdown parties at downing street. he has been giving evidence to a cross—party committee of mps, which is investigating whether or not he deliberately or recklessly gave misleading assurances that all rules and guidance had been followed. here's some of what he had to say. your first concern is that i may have knowingly or recklessly deceived parliament when i said the rules were not broken and the guidance had completely been followed at number 10. when i said those words, i was not trying to cover up

Problem , Banks , Change , Leadership , Lack , Boris-johnson , Uk , Stocks , Dip , Market-round , Discourse , Former

BBC News-20220209-10:41:00

mps says the uk's exit from the european union has so far only led to increased costs, paperwork and border problems for businesses. joining us from brussels is the head of european policy at logistics uk, which has members from the road, rail, sea and air industries. thank you forjoining us. along with people who run businesses, it is the members of your organisation, i guess, who are at the blunt end of all of these changes. what do you make of the report?— make of the report? logistics uk rovided make of the report? logistics uk provided evidence _ make of the report? logistics uk provided evidence to _ make of the report? logistics uk provided evidence to the - make of the report? logistics uk - provided evidence to the committee, and we are glad to see that the report acknowledges some of our key concerns. it acknowledges that trading under this new regime is more expensive to businesses and this is an important point. the other thing the report does very well is to highlight the key points that have to be addressed as a

Uk , Businesses , Costs , Mps , Border-problems , European-union , Paperwork , Exit , Brussels , Head , European-policy-at-logistics-uk , People

BBC News-20220209-11:03:00

a lot of businesses are saying it has been a struggle for them. so we have said to the government repeatedly, before brexit and again in this report, you need to step up and support smaller businesses. they have concentrated on the volume businesses, the bigger ones, that are doing the most trade with europe. but that is no consolation for those many people whose livelihoods, and sometimes jobs of other people, depend on their being able to do this trade with europe. the committee notes that a brexit support fund, worth £20 million, was initially created for small businesses. but only 6.7 million was paid out, because it was so hard to access the money. more, the report says, needs to be done. outside dover, long queues of lorries have become the norm. the committee says it could get worse. it says there is potential forfurther disruption, as more people start travelling again and passenger volumes at key ports like dover increase. there is also concern about extra delays later this year, when the eu

Report , Businesses , Lot , Brexit , European-union , Paperwork , Struggle , Ones , Volume , People , Trade , Cross-party-committee-of-mps

BBC News-20220209-11:04:00

introduces new passport controls and the uk starts checking the import of food products. the mps want more transparency from government about the problems businesses are facing. the government says it plans to create the most effective border in the world by 2025. the committee says that is a noteworthy ambition, but optimistic given where things stand today. chris morris, bbc news. and our global trade correspondent, chris morrisjoins me now. so chris morrisjoins me now. many factors involved i! situation, so many factors involved in the situation, what is your assessment of how things are? its situation, what is your assessment of how things are?— of how things are? its interesting first of all this _ of how things are? its interesting first of all this came _ of how things are? its interesting first of all this came from - of how things are? its interesting first of all this came from a - first of all this came from a cross—party committee of mps, including some who supported brexit. i'm not sure they would i agree with the interpretation we hear from i'm not sure they would i agree with the interpretation we hearfrom meg hillier but nevertheless there is concern and that's partly because it's notjust about concern and that's partly because it's not just about the concern and that's partly because it's notjust about the problems people are experiencing at the border but the overall volume of

Uk , Businesses , Mps , Problems , Transparency , European-union , Food-products , Passport-controls , Import , World , Things , Border