And easily as possible. 0n the financial markets, the winners are thomas cook s rivals. We will talk you through the winners and losers. And giving a new leash on life to our furry friends. 0ne company connects dog owners with professional dog walkers well hear from the companys founder to see if the idea is taking off. Today we want to know if youre affected by the thomas cook collapse . Are you a customer someone either already on holiday or who has booked a getaway with the company. 0r are you one of the 22,000 worlwide who worked for thomas cook . Let us know just use the hashtag bbcbizlive hello and welcome to business live. Do you get in touch, we have heard from many of you already. Good to hear what you are facing in regards to that story. Lets fill you in on what we know so far. We start in the uk, where one of the Worlds Largest travel companies thomas cook has collapsed after last ditch talks aimed at saving the firm failed. Its triggered the uks biggest ever peacetime repat
In europe, the markets look like this, the london market has failed to open due to technical difficulties. We will have the latest. And today a biz live favourite, Andrew Walker is here to talk through the big events of the week, including a horrible time for the argentinian markets and the impact of the hong kong protests on the financial hub. Also on the show one study says there arejust six major things that affect your ability to secure a pay rise. They include your age and your willingness to switch roles. Today we want to know, what are your top tips for getting a pay rise . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. In the last minute or so, the ftse 100 has started trading after some technical difficulties meant it did not open at 8am like the rest of the european markets. More on that in a moment. But we start the programme with this. Investors around the world are heading for safe haven assets amid worries about the global economy. The us
both men said talks were productive and repeated their stance that a default is off the table. to avoid that, though, they ll have to work out an agreement within the next ten days. my college michelle fleury explains. even before president biden met with house speaker kevin mccarthy, negotiators were once again around the table, trying to strike a deal to avoid a default. now, sources say the white house is now offering to keep spending flat from this year to next, while republicans they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june 1st is the hard deadline, when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. and there s another worry even if they do get a deal done in time, will rank and file members of both parties go for it? the impact of defaulting would
let s get down to business, there were no january blues on wall street as the month ended on a high for investors. lets look at the numbers some of the biggest names in corporate america have been reporting their latest earnings. the dow is up 2% in the month, the s&p is up 596. the rally comes as investors also look ahead to the us federal reserve as a two day meeting gets underway. my colleague samira hussain, with more from new york. 2022 was the worst year for the stock market since 2008 year, so far, is proving to be different with financial markets posting strong again for the month of january. markets posting strong again for the month ofjanuary. 0n for the month ofjanuary. on wednesday, all eyes moved to washington for the latest interest rate decision. traders are expecting to see rates increase by 25 points, a far cry from the aggressive interest rate hikes last year when america s central bank raised interest rates by three quarters of a percent four times. but the