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katie prescott, bbc news.untry palme coastguard to prevent from crossing towards the greek islands. the coastguard to this was because of the dangers they face. but pressure continues at turkey public northern land border with greece with —— thousands of young men are still attempting to get into europe. the land route into europe is blocked as they approach turkey public borderfence blocked as they approach turkey public border fence with race, hopeful migrants are met by volleys of tear gas from police. frustrated but desperate to get across, groups of young men predominantly from afghanistan, pakistan and iran try forcing a way through to a better life. what a canon, though, is used to drive them back. the message from the european union ‘s foreign policy chief has been to avoid moving to a closed door. and greases and forcing them with every m ea ns greases and forcing them with every means they can. we are going to the metro station and they are giving us tickets. it is the service now and no—one is telli
katie prescott, bbc news.untry palme coastguard to prevent from crossing towards the greek islands. the coastguard to this was because of the dangers they face. but pressure continues at turkey public northern land border with greece with —— thousands of young men are still attempting to get into europe. the land route into europe is blocked as they approach turkey public borderfence blocked as they approach turkey public border fence with race, hopeful migrants are met by volleys of tear...
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Mar 28, 2020
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katie prescott, bbc news.ded in india. while other countries have begun arranging flights out for their citizens, some britons say they feel abandoned by the foreign office. 0ur south asia correspondent rajini vaidya nathan reports. there is no way to get any food or water anywhere. we are trying to survive on what little we have left. we are down to eating a portion of rice with potatoes in the day and trying to make it stretch out. stranded and struggling. dream beach holidays in india now pure misery. we're not hearing anything we had no idea how we're going to get out of here, the worst thing is when we are going to next get some food. as india suspended flights until mid april, and embarked on the largest lockdown in living memory, many brits have been left in limbo. in some parts of the country, basic supplies are running low. with police cracking down on heavily on anyone who breaks the curfew. this woman from leeds is on a round the world trip with her boyfriend. she said she's had support from locals
katie prescott, bbc news.ded in india. while other countries have begun arranging flights out for their citizens, some britons say they feel abandoned by the foreign office. 0ur south asia correspondent rajini vaidya nathan reports. there is no way to get any food or water anywhere. we are trying to survive on what little we have left. we are down to eating a portion of rice with potatoes in the day and trying to make it stretch out. stranded and struggling. dream beach holidays in india now...
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Mar 7, 2020
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katie prescott, bbc news. budget this week, with all eyes on what measures he'll announce to help people through the coronavirus outbreak. 0ne separate, expected move, is the scrapping of the so—called "tampon tax", from january next year. five percent vat is currently added to female sanitary products under eu rules. the treasury says removing the levy will make a pack of 20 tampons, 7 pence cheaper, with 5 pence coming off the cost of 12 sanitary pads. since 2015, women in the uk have paid around £62 million in tax on sanitary products, most of which is passed on by the government to charities. a little earlier, i spoke to our political correspondent jonathan blake about the implications of the tax cut. it is only a saving of a few pence on each but campaigners argue that so many women suffer what they call period property and can't afford to ——period poverty and can't afford to buy these products. adding that tax is simply making it more difficult for them. so this is a long planned move. it was there becau
katie prescott, bbc news. budget this week, with all eyes on what measures he'll announce to help people through the coronavirus outbreak. 0ne separate, expected move, is the scrapping of the so—called "tampon tax", from january next year. five percent vat is currently added to female sanitary products under eu rules. the treasury says removing the levy will make a pack of 20 tampons, 7 pence cheaper, with 5 pence coming off the cost of 12 sanitary pads. since 2015, women in the uk...
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katie prescott, bbc news.le diagnosed with coronavirus in the uk has increased by 43 in one day, bringing the new total to 206. 140 british people remain on board a cruise ship of san francisco, where 21 passengers have tested positive for the virus. and £360 million will be paid out by insurance companies to help in the clean—up following the damage from storm ciara and storm dennis. in sport, liverpool are three victories away from winning their first league title for 30 years. they beat bournemouth 2—1 to move 25 points clear at the top of the table. england women thrashed wales in the six nations to retain their hopes of winning the grand slam. they are within a win of his second successive grand slam and a record. british number one johanna konta successive grand slam and a record. british number onejohanna konta bid to reach the final of the monterey openin to reach the final of the monterey open in mexico. she plays later. she has gone out in the first round of every tournament she has played so far thi
katie prescott, bbc news.le diagnosed with coronavirus in the uk has increased by 43 in one day, bringing the new total to 206. 140 british people remain on board a cruise ship of san francisco, where 21 passengers have tested positive for the virus. and £360 million will be paid out by insurance companies to help in the clean—up following the damage from storm ciara and storm dennis. in sport, liverpool are three victories away from winning their first league title for 30 years. they beat...
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Mar 7, 2020
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katie prescott, bbc news.enior royals. the pictures we have attache contain a lot of flash photography. the couple attended the mountbatten festival of music at the royal albert hall. the festival brings together world—class musicians, composers and conductors of the bands of her majesty royal marines. and we will be taking a little in—depth look at the papers with our reviewers joe twyman from data in—depth look at the papers with our reviewersjoe twyman from data pole and ruth believe from barbara plot banking. that is coming after 11:30pm. now it is time for a look at the weather. here is phil avery. thanks. i was at the royal albert hall last night, if you haven't been, it is really worth a visit. where you shouldn't have been today, if you had a choice was the western side of scotland because it was pretty miserable fare. 60 millimetres of rain falling there are still raining on one or two spots and very windy as well. was it all doom and gloom? no it wasn't. but you had to be a little bit further south a
katie prescott, bbc news.enior royals. the pictures we have attache contain a lot of flash photography. the couple attended the mountbatten festival of music at the royal albert hall. the festival brings together world—class musicians, composers and conductors of the bands of her majesty royal marines. and we will be taking a little in—depth look at the papers with our reviewers joe twyman from data in—depth look at the papers with our reviewersjoe twyman from data pole and ruth believe...
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Mar 7, 2020
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here's our business correspondent katie prescott. the long clean—up operation continues.ad through the uk, they left devastation in their wake — homes, businesses and transport underwater. now the insurance industry is counting the cost. more than 3000 households have made flood claims for an average of £32,000. our initial estimates are that storm ciara and storm dennis are going to cost around £363 million, that's how much insurers are paying out to help customers recover from these devastating incidents. to put this into context, at £360 million, the cost of clearing up after storms ciara and dennis is triple that of the floods in the midlands and south yorkshire last november, which cost £110 million, but below the three successive storms desmond, eva then frank in december 2015, which cost £1.3 billion. several large insurers have recently said how winterflood claims are hitting their businesses. direct line's profits were down 10%, while aviva says it's paying out £70 million because of floods and wind damage claims. and these costs are still just estimates. they co
here's our business correspondent katie prescott. the long clean—up operation continues.ad through the uk, they left devastation in their wake — homes, businesses and transport underwater. now the insurance industry is counting the cost. more than 3000 households have made flood claims for an average of £32,000. our initial estimates are that storm ciara and storm dennis are going to cost around £363 million, that's how much insurers are paying out to help customers recover from these...
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Mar 7, 2020
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here is katie prescott. the long process of rebuilding begins.sses get back on their feet after devastating winter floods. if it wasn't for the people in this community, the people of ironbridge, coalbrookdale, further on into telford, even as far as far away as australia, we wouldn't be in this situation we are in now. we started trading this morning. we've been busy all day and it's all local people, it's all the people that came out to supporters and we are genuinely humbled, by everything everybody‘s done. but there's still a long and expensive journey ahead. the insurance industry is also counting the cost. more than 3,000 households have made flood claims, for an average of £32,000. the cost of clearing up and dealing with the aftermath of ciara and dennis is a £360 million. that's more than tripled the damage from floods which hit the midlands and south yorkshire last november, but still relatively small compared to the cost of three successive storms, desmond, eva and frank, which hit in december 2015. they cost £1.3 billion. insurers exp
here is katie prescott. the long process of rebuilding begins.sses get back on their feet after devastating winter floods. if it wasn't for the people in this community, the people of ironbridge, coalbrookdale, further on into telford, even as far as far away as australia, we wouldn't be in this situation we are in now. we started trading this morning. we've been busy all day and it's all local people, it's all the people that came out to supporters and we are genuinely humbled, by everything...
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Mar 7, 2020
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katie prescott, bbc news. attended one of their final public engagements tonight before they step back as senior royals and just a warning that the pictures we're about to show you contain a lot of flash photography. the couple attended the mountbatten festival of music at the royal albert hall. the festival brings together world class musicians, composers and conductors of the massed bands of her majesty's royal marines. with all the sport now, here's lizzi greenwood hughes at the bbc sport centre. thanks very much, kate. good evening. england have kept alive their hopes of winning this year's six nations championship after beating wales 33—30 in a fiery match at twickenham. they're now level on points with leaders france who play scotland tomorrow. ireland's game in italy was postponed due to the coronavirus. adam wild reports. fans arriving at twickenham, not sure of when the six nations were down, this year's competition bide in uncertainty. but for the most pa rt in uncertainty. but for the most part they
katie prescott, bbc news. attended one of their final public engagements tonight before they step back as senior royals and just a warning that the pictures we're about to show you contain a lot of flash photography. the couple attended the mountbatten festival of music at the royal albert hall. the festival brings together world class musicians, composers and conductors of the massed bands of her majesty's royal marines. with all the sport now, here's lizzi greenwood hughes at the bbc sport...
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katie prescott, bbc news.ecep tayyip erdogan, has ordered his country's coastguard to prevent migrants crossing the aegean to greek islands. the coastguard said this was because of the dangers they faced. but pressure continues at turkey's land border with greece, where thousands of young men — some from syria but most from elsewhere — are attempting to get to europe. david campa nale reports. the land route into europe is block. as they approach tu rkey‘s block. as they approach turkey‘s border fence with greece, hopeful migrants are met with volleys of tear—gas by police. frustrated by desperate to get across, groups of young men, predominantly from afghanistan, pakistan, and iran, try forcing away through to better life. water cannon, though, is used to drive them back. the message from the european union's foreign policy chief is to avoid moving to a closed door. and greece is enforcing that with every means they can. they are going to the metropole station and they are giving us tickets. no—one is telling
katie prescott, bbc news.ecep tayyip erdogan, has ordered his country's coastguard to prevent migrants crossing the aegean to greek islands. the coastguard said this was because of the dangers they faced. but pressure continues at turkey's land border with greece, where thousands of young men — some from syria but most from elsewhere — are attempting to get to europe. david campa nale reports. the land route into europe is block. as they approach tu rkey‘s block. as they approach...
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Mar 28, 2020
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katie prescott, bbc news.e to go out this weekend, but that doesn't mean that you can't still have fun. over the past week, millions of people have been taking part in virtual parties, online quiz nights and stay—at—home concerts — as rianna croxfrod has been finding out. not your average night out. these people on the app tiktok are not letting the news get them down. it's the first weekend since we were all told to stay indoors. 0ur usual events and hobbies might be out the window but that's not stopping people finding new ways to socialise. good evening, everybody. cheers to you. welcome to tonight's quiz. 0nce hosted at your local, the battle of wits are now finding a new lease of life online. question two — what is the name of the third instalment of the harry potter books? quizzes seem to be the go—to game for those stuck indoors. comedians like mo gilligan are drawing in big audiences on instagram. welcome, everyone, to toilet roll trivia episode 7. it's my third week in self—isolation. ijumped at the c
katie prescott, bbc news.e to go out this weekend, but that doesn't mean that you can't still have fun. over the past week, millions of people have been taking part in virtual parties, online quiz nights and stay—at—home concerts — as rianna croxfrod has been finding out. not your average night out. these people on the app tiktok are not letting the news get them down. it's the first weekend since we were all told to stay indoors. 0ur usual events and hobbies might be out the window but...
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Mar 7, 2020
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katie prescott, bbc news.he top of the premier league table. michael redford reports. when things aren't going your way, it's always nice to return to home comforts. three successive away defeats had seen liverpool's magnificent season just begin to stutter. bournemouth have been stuttering for too long, but they did start strongly at anfield. too strongly for liverpool's liking. no foul for this challenge and, moments later, bournemouth were ahead. liverpool are behind! but not for long. their defence became complacent, liverpool's attack took full advantage. mohamed salah rarely misses when given such an opportunity. it was a goal that changed the momentum. the home side now on top and soon in front. anfield had found its roar once again. and it wasn't just the attackers playing their part. captainjames milner led by example. the home side pushed for a third but a combination of the woodwork and poor finishing meant the goal never arrived. in the end, it didn't matter. a record—breaking 22nd home league win
katie prescott, bbc news.he top of the premier league table. michael redford reports. when things aren't going your way, it's always nice to return to home comforts. three successive away defeats had seen liverpool's magnificent season just begin to stutter. bournemouth have been stuttering for too long, but they did start strongly at anfield. too strongly for liverpool's liking. no foul for this challenge and, moments later, bournemouth were ahead. liverpool are behind! but not for long. their...
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Mar 28, 2020
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katie prescott, bbc news.ar. final year exams have been postponed, following government advice many students have had to return home and lectures are being provide online, and entrance to university for a level students will be judged on predicted grades. what effect will the virus have on students? i'm joined now by doctor charles johnson. he's a chartered occupational psychologist and chief psychometrics adviser for myunichoices, a counselling organisation for school students going into university. thank you very much for speaking to us. it is good to see and hear you this morning. let's start with what is happening for people currently at university. i happened to go to a university. i happened to go to a university campus last week, and it was really striking to be there in what was still term time, and the place was near deserted, two or three students working on their own projects, because a lot of stuff was practical, but working on their own, there was someone in the coffee area for the occasional pers
katie prescott, bbc news.ar. final year exams have been postponed, following government advice many students have had to return home and lectures are being provide online, and entrance to university for a level students will be judged on predicted grades. what effect will the virus have on students? i'm joined now by doctor charles johnson. he's a chartered occupational psychologist and chief psychometrics adviser for myunichoices, a counselling organisation for school students going into...
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Mar 27, 2020
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our business correspondent katie prescott is with me. katie, thousands ofjobs at risk here.in place to cushion businesses through this crisis. but for those that were already on the brink and in sectors that have been ha rd brink and in sectors that have been hard hit by this pandemic, it is proving difficult for them to reach the lifeboat. if we look at those we have spoken about, the rent to own company, their profits have been really squeezed over the last few yea rs by really squeezed over the last few years by increased regulation. they have been paying out about £1 million a month in mis—selling claims. now their shops have had to close and it is the same with carluccio is, the restaurant chain. they have been paying high business rates, high rent and now they don't have any customers. if you look at virgin atlantic, the airline industry has almost been completely shut down in the last month. they haven't made a profit for four years and we expect they will ask the uk government for a bailout in the next few days. we are seeing this unprecedented situation where busine
our business correspondent katie prescott is with me. katie, thousands ofjobs at risk here.in place to cushion businesses through this crisis. but for those that were already on the brink and in sectors that have been ha rd brink and in sectors that have been hard hit by this pandemic, it is proving difficult for them to reach the lifeboat. if we look at those we have spoken about, the rent to own company, their profits have been really squeezed over the last few yea rs by really squeezed over...
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katie prescott, bbc news. eady affected by water and wind damage won't be rising. businesses are finding it a little bit more expensive to insure their properties, and that is because on the residential side, people are covered by a scheme called flood re, that the government introduced in 2016, and that is really to make sure that people's premiums don't go up in flood—prone areas and that, indeed, they can get insurance at all. so if those houses are flooded again, they are covered. they are still covered, so all of us put into this scheme, flood re, when we pay our home insurance, £10 into a pot. and that money goes to subsidise about 350,000 people who live in flood prone areas. the scheme is going to last for the next 25 years. it only covers homes built before 2009, and that is to really encourage developers to make sure they don't build in flood prone areas. of course, the premiums depend on other things — flooding is one of them, but it can also be if you are in an area prone to burglaries for example.
katie prescott, bbc news. eady affected by water and wind damage won't be rising. businesses are finding it a little bit more expensive to insure their properties, and that is because on the residential side, people are covered by a scheme called flood re, that the government introduced in 2016, and that is really to make sure that people's premiums don't go up in flood—prone areas and that, indeed, they can get insurance at all. so if those houses are flooded again, they are covered. they...
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Mar 28, 2020
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katie prescott — our business correspondent — joins me. katie — what was offered?upport business through the crisis. the first announcement this afternoon was around protective equipment, things like face masks for front line nhs workers, hand sanitiser, all those things we have seen a shortage of over the past month and what the government said this afternoon is that it is going to reduce red tape around the production of these products in order that businesses can get them to market, it says, in the next few days and what we will see is companies like drinks companies that would normally make alcoholic beverages perhaps making ethanol that can be turned into hand sanitiser. the second set of announcements was around the insolvency laws in the uk, targeted at companies struggling and one of the biggest announcements was around what are called wrongful trading laws. these are laws that mean company directors can be prosecuted if they keep the business going when it is really not viable. what the government is trying to do is encourage businesses to keep trading thr
katie prescott — our business correspondent — joins me. katie — what was offered?upport business through the crisis. the first announcement this afternoon was around protective equipment, things like face masks for front line nhs workers, hand sanitiser, all those things we have seen a shortage of over the past month and what the government said this afternoon is that it is going to reduce red tape around the production of these products in order that businesses can get them to market, it...
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Mar 28, 2020
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our business correspondent katie prescott has more on the announcements by alok sharma.o, things like facemasks for front line nhs staff and hand sanitiser, products that we know have been in really short supply. in the announcement today is that the red tape around producing these products is going to be relaxed in order that businesses can make them more easily, safety standards will be fast tracked and they will be able to get them to market, the business secretary said, in the next couple of days. now, the second announcement was around the uk's insolvency regime. so, really looking at those companies that are struggling particularly because of the coronavirus pandemic. and the business secretary said that there's going to be a suspension of what are called wrongful trading laws. so, these are rules which at the moment allow company directors to be prosecuted if they keep a business going when it really shouldn't. so, the idea is that businesses can keep trading through this crisis without company directors worrying about being prosecuted. there are some saying, "wel
our business correspondent katie prescott has more on the announcements by alok sharma.o, things like facemasks for front line nhs staff and hand sanitiser, products that we know have been in really short supply. in the announcement today is that the red tape around producing these products is going to be relaxed in order that businesses can make them more easily, safety standards will be fast tracked and they will be able to get them to market, the business secretary said, in the next couple...
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katie prescott, bbc news. his first budget this week, with all eyes on what measures he will announce to help people though the coronovirus outbreak. 0ne separate expected move is the scrapping of the so—called "tampon tax" from january next year. five percent vat is currently added to female sanitary products under eu rules. the treasury says removing the levy will make a pack of 20 tampons 7p cheaper, with 5p coming off the cost of 12 sanitary pads. since 2015, women in the uk have paid around £62 million in tax on sanitary products, most of which is passed on by the government to charities. three saudi princes — including king salman's brother and nephew — are reported to have been arrested. the detentions are said to be linked to the country's de facto ruler, mohammad bin salman. while no reason has been given, it's being seen as a move to consolidate his power, and remove any threat to his authority. here's our security correspondent, frank gardner. if confirmed, this would be a significant move by saudi
katie prescott, bbc news. his first budget this week, with all eyes on what measures he will announce to help people though the coronovirus outbreak. 0ne separate expected move is the scrapping of the so—called "tampon tax" from january next year. five percent vat is currently added to female sanitary products under eu rules. the treasury says removing the levy will make a pack of 20 tampons 7p cheaper, with 5p coming off the cost of 12 sanitary pads. since 2015, women in the uk...
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here's our business correspondent katie prescott. are people getting back everything they need?uild costs. they are finding it expensive to insure properties because come on the residential side, people are covered by a scheme that the government introduced in 2016, which is really to say things will not go up is really to say things will not go up in plant that might flood prone areas and they can get insurance. if the house is flooded again, they are covered ? the house is flooded again, they are covered? they are still covered all of us put into this scheme when we pay our home insurance. about £10 go into a pot and that money goes to subsidise about 350,000 people who live in flood prone areas. the scheme will last for the next 25 yea rs scheme will last for the next 25 years and only covers homes built before 2009. that is to encourage developers to make sure they don't built in flood prone areas. premiums depend on so many other things. flooding is one but it can be if you are in an area prone to burglaries for example. people should not worry because if they have to renew
here's our business correspondent katie prescott. are people getting back everything they need?uild costs. they are finding it expensive to insure properties because come on the residential side, people are covered by a scheme that the government introduced in 2016, which is really to say things will not go up is really to say things will not go up in plant that might flood prone areas and they can get insurance. if the house is flooded again, they are covered ? the house is flooded again, they...
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katie prescott, bbc news. that the so—called ‘tampon tax‘ will be scrapped from january 2021. laura coryton has spent the last five years campaigning on this issue and joins us on the sofa. gemma abbott, from the free periods campaign, is in our london newsroom. is this a sense of victory? it is a weird feeling of relief that the 320,000 people that signed the petition as well as the generations campaigning beforehand have finally been listened to and finally this tax can be over. a really happy feeling. is it tinged with a sense of why did it take so long? definitely, i remember going home to devon once and my best friend‘s mum came down the stairs and said i like your petition and i campaigned when i was your age. literally generations have been campaigning and it has taken so long for them to be listened to. it is about the turbo of people not talking about or listening to things about periods. it is not the muggy, it is only 80p offa it is not the muggy, it is only 80p off a packet, but the principle that
katie prescott, bbc news. that the so—called ‘tampon tax‘ will be scrapped from january 2021. laura coryton has spent the last five years campaigning on this issue and joins us on the sofa. gemma abbott, from the free periods campaign, is in our london newsroom. is this a sense of victory? it is a weird feeling of relief that the 320,000 people that signed the petition as well as the generations campaigning beforehand have finally been listened to and finally this tax can be over. a...
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our business correspondent katie prescott is here.ad measures to cushion businesses through the crisis and keep their cash flow healthy. for example, the loan scheme the business secretary referenced, saying banks are processing thousands of applications for loans. we have seen support for salaries of workers that might have had to be laid off because of businesses that had to shut down because of the lockdown. the new measures today are on the other end of the spectrum, looking at what happens when businesses get into trouble. he announced a suspension of wrongful trading rules, when, if a company is struggling and insolvent, has no chance of survival, company directors can be held personally liable for keeping that business going. he said they will suspend those rules temporarily and backdate the suspension from the 1st of march so if your business is struggling because of the virus, you cannot be held liable for keeping it trading in that period. there was mention for workers being able to carry over holiday. that was announced a f
our business correspondent katie prescott is here.ad measures to cushion businesses through the crisis and keep their cash flow healthy. for example, the loan scheme the business secretary referenced, saying banks are processing thousands of applications for loans. we have seen support for salaries of workers that might have had to be laid off because of businesses that had to shut down because of the lockdown. the new measures today are on the other end of the spectrum, looking at what happens...
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katie prescott, bbc news.e part in the london marathon next month has run the 26.2 miles in his back garden. the event has been cancelled because of the coronavirus pandemic, but that hasn't put off 36—year—old james page. he completed 873 laps of his lawn in sidcup in kent, before crossing a finish line made by his son from toilet roll. congratulations, james page. when i first saw the story i assumed he had a gigantic garden. 873 lapse of his lawn in kent. this is the perfect finish. it was made from his son by toilet roll. they go. that's how you do it. 873 times. i don't know how you would count that. just have no idea. but good on him. absolutely determined. keep the thoughts coming in this morning. there is a lot of debate. we will be talking about cycling, walking, the etiquette around that, and albert blood doping. if you have different ways of getting your exercise in these different —— difficult times —— how people are coping. let's take a look at this morning's front pages and most of them lead with
katie prescott, bbc news.e part in the london marathon next month has run the 26.2 miles in his back garden. the event has been cancelled because of the coronavirus pandemic, but that hasn't put off 36—year—old james page. he completed 873 laps of his lawn in sidcup in kent, before crossing a finish line made by his son from toilet roll. congratulations, james page. when i first saw the story i assumed he had a gigantic garden. 873 lapse of his lawn in kent. this is the perfect finish. it...
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katie prescott, our business correspondent, joins me.being offered 7 there are two major announcement, and the announcement said red tape about producing the product is going to be relaxed, in order that businesses can make them more easily, the safety standards will be fast tracked and they will be able to get them to market, the business secretary said, in a couple of days. the second announcement was around the uk's insolvency regime, so really looking at the companies that are struggling, particularly because of the coronavirus pandemic. the business secretary said there is going to be a suspension of what he called wrongful trading laws, so these are rules which at the moment allow com pa ny these are rules which at the moment allow company directors to be prosecuted if they keep a business going when it really shouldn't. so the idea is businesses can keep trading through the crisis without company directors worrying about being prosecuted. some people say this could leave the system really open to abuse but what it will do is stop
katie prescott, our business correspondent, joins me.being offered 7 there are two major announcement, and the announcement said red tape about producing the product is going to be relaxed, in order that businesses can make them more easily, the safety standards will be fast tracked and they will be able to get them to market, the business secretary said, in a couple of days. the second announcement was around the uk's insolvency regime, so really looking at the companies that are struggling,...
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Mar 13, 2020
03/20
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BBCNEWS
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our business correspondent katie prescott joins me now. sta rt start with the uk, take us global.iggest falls ever on the ftse100, this morning it's up to 6%, sometimes called a dead cat bounce after a massive false yesterday but it's now settled at about 2% but as i say come over the wickets lost about 1000 points. it might be slightly good news but it has been an extremely difficult week and i think it's because investors don't know how to interpret how the coronavirus is going to hit business. and what's really striking is the central banks have stepped in 0b, we've seen the federal reserve, bank of england and actually, those actions haven't reassured investors in the weight that perhaps they might have in the past. people speaking to, they have said we need intervention from government, this is a health problem, not a financial problem, it's very different to what happened during the financial crisis. we mentioned a moment ago turmoil in asia, down and a little bit back up, slide steadying later in the day? exactly right. the japanese key index was down about 10% at one point
our business correspondent katie prescott joins me now. sta rt start with the uk, take us global.iggest falls ever on the ftse100, this morning it's up to 6%, sometimes called a dead cat bounce after a massive false yesterday but it's now settled at about 2% but as i say come over the wickets lost about 1000 points. it might be slightly good news but it has been an extremely difficult week and i think it's because investors don't know how to interpret how the coronavirus is going to hit...