Bank shares volatile after Credit Suisse takeover
Shares in European banks are volatile after Credit Suisse's emergency rescue fuels fears of a wider crisis.
Source: bbc.co.uk
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Investor fears appear to ease as UK and US share prices rise
Investors appear largely reassured after Credit Suisse rescue, but First Republic shares plunge.
Source: bbc.com
Covid: Furlough scheme set to wind down further
BBC News By Daniel Thomas & Michael Race Business reporter, BBC News image copyrightGetty Images Furlough will be wound down further from Sunday as the government asks employers to make a bigger contribution to the wage support scheme. An estimated 1.3 million people were on the scheme at the beginning of July, down from a peak of 5.1 million at the height of lockdown in January. The scheme has been extended several times but will end on 30 September. It is credited with stopping a spike in unemployment and some fear jobs will be lost when it ends. The scheme, drawn up after lengthy talks...
Source: bbc.co.uk