2023-03-20
Financial Times Front Page 20th of March 2023
UBS will take over Credit Suisse, according to the Financial Times.
UBS will take over Credit Suisse, according to the Financial Times.
In the worst financial sector rout since the COVID-19 outbreak, investors have wiped nearly half a trillion dollars from bank shares around the world.
According to the Financial Times, banks on both sides of the Atlantic are scrambling to reassure clients and regulators.
A defiantly upbeat budget from Chancellor Jeremy Hunt offers businesses a £9bn tax break, according to the Financial Times.
Financial Times highlights Chancellor Jeremy Hunt’s ‘Budget for growth’ to boost business investment and grow Britain’s workforce.
In response to Silicon Valley Bank’s failure, investors ripped up their forecasts for further interest rate increases, according to the Financial Times.
A cash lifeline is being sought by Chancellor Jeremy Hunt for UK-based tech companies hit by Silicon Valley Bank’s collapse, according to the Financial Times.
US regulators forced Silicon Valley Bank to close, according to the Financial Times.
In an effort to escape western sanctions, two Russian billionaires are planning to sell their stake in Alfa-Bank for $2.3 billion.
According to the Financial Times, the government plans to increase the number of overseas workers coming to the UK to ease chronic labour shortages.