Deposits Led News Today : Breaking News, Live Updates & Top Stories | Vimarsana

let's start here in the uk, where, in a few hours�* time, the chancellorjeremy hunt will unveil his first budget, where he will outline the government's big decisions on spending, and plans for raising or lowering taxes. among the measures he's expected to unveil is a significant expansion of free childcare provision. it's part of a strategy to get more people back to work, given the shortage of staff in some key sectors. the chancellor is also expected to announce a rise in the tax—free limit for pension contributions, to encourage people to stay in work for longer. the latest e...

We will have more on this later in the programme. we will be looking at the hospitality sector in particular that is calling out for specific help from the government today, so more on the budget later. the ratings giant, moody's, has warned of more pain ahead for the us banking system, after a run on deposits led to the collapse of silicon valley bank. moody's cut its outlook for the sector to "negative" from stable, warning of "a rapid deterioration in the operating environment". the downgrade came as banking shares in the us and europe rebounded, following earlier losses, and with the lates...