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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 ....
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 ....
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 ....
over the black sea. britain becomes the latest country to ban the chinese owned video sharing app tiktok from government mobile phones. the uk government has reached an agreement with health unions over a new pay dealfor nhs staff in england. the deal aims to bring to an end a winter of industrial action which has seen nurses, ambulance staff and physiotherapists all go on strike. the offer includes a rise of 5% for the next financial year starting in april and covers all nhs staff except doctors, who are on a different contract. for this year staff have been also offered a one off payment. members will now be consulted over the coming weeks and strike action paused. the uk health secretary steve barclay has been speaking in the last few minutes, here s what he had to say. the government has made a formal offer, just come at a meeting, i m pleased they ve agreed to recommend to their members, it will be for a 5% pay rise next year, 2023 24, but also an additional lum ....
i had my first cancer diagnosed about six or seven years ago. that waiting time is very, very hard. i don t think until you have been through it, you can actually understand it. despite the walk out, some hospitals are able to continue with some routine operations, but it is a mixed picture. the full impact on cancellations will not be known for a few days. one thing we re seeing that is different from other strike days is that demand for care has been sustained. in previous strike days, we saw that drop. it means the nhs is trying to keep things going, it was already overstretched, but it has fewer resources at its disposal. the government says the bma s pay claim is completely unaffordable. it s urged officials to call off the strike and enter into pay talks along with other health unions in england, and help bring this ongoing dispute to an end. katharine da costa, bbc news. new employment figures showjob vacancies in the uk have fallen for the eighth time in a row. ....