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by about twice the global average. it's already increased by 2 degrees celsius. 20 years since the us—led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world's financial markets have reacted with unease following last night's emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by...

it's revealed that almost 400 hotels across the uk are now being used to house asylum seekers — at a cost of £6 million a day. and why something fishy has been going on after the body of a rare shark was discovered on a beach in hampshire. and coming up on the bbc news channel... facing a length ban — aleksandar mitrovic�*s moment of madness means he could be out for a significant part of fulham's season. good afternoon and welcome to the bbc news at one. for the increasingly isolated russian leader vladimir putin, it is a hugely significant moment — the chinese leader xijin...

fredricka reynolds used to do all the flowers for the weddings, but in an instant, that key part of her business was snatched away. they rang me on the thursday before the asylum—seekers came on the monday, and cancelled all my weddings for the foreseeable. that's a huge amount of work and income to me. and she told me it's notjust the loss of thousands of pounds. me and my boys used to go swimming every saturday there. i've got two little ones and every time we drive past there, they want to go swimming and, unfortunately, that's closed now. because of the small boats crossing the...

Supply of cash. but concerns that other lenders could get into trouble and create a 2008—style banking crisis haven't gone away. this should not be 2008. 2008 was a common problem through the banking system, bad assets that virtually everybody owned. this started out as isolated problems. the policy response is turning it into something more systematic. so should banking customers here be worried? analysts say for most people there is no cause for concern just yet. if you've got savings in an account with a bank that has got a banking licence, up to £85,000 per account is guaranteed by the ...

So should banking customers here be worried? analysts say for most people there is no cause for concern just yet. if you've got savings in an account with a bank that has got a banking licence, up to £85,000 per account is guaranteed by the financial services compensation scheme, and forjoint accounts up to 170,000. 11,000 people work at credit suisse and ubs here in the uk, and amid all the turmoil, theirfuture is very much up in the air. theo leggett, bbc news. the purchase of credit suisse by ubs has been welcomed by european central bank chief, christine lagarde i welcome the swift action...