European Central Bank sticks to its guns on interest rates despite market turmoil

Jeremy Hunt defends speed of his childcare budget giveaway as 'biggest transformation in my lifetime'

It highlighted the current"severe" market tensions as a potential risk to the eurozone economy as the pressure on banks could dampen the provision of credit. Major US banking stocks were down by about 1% at the open in New York - building on the big losses of recent days. Regulators, including those in the UK, have insisted that there is no systemic risk and that banks are far better capitalised than they were before the financial crisis.

lindayueh too many banks - not enough regulation....end bonus culture, tax havens, 100%loans..and get back to investments, ISAs, stocks and shares clubs..

lindayueh

I always wondered what the devil would look like now I know.

🤡

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Banking stocks, job vacancies and geothermal powerOn today's Ian King Business podcast, IanKingSky has the latest on the markets' reaction to the collapse of Silicon Valley Bank Listen in full here ⬇️ IanKingSky More corruption?
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