Swiss central bank backs Credit Suisse
We’ll send you a myFT Daily Digest email rounding up the latest FT News Briefing news every morning.
The Swiss central bank said it would provide a liquidity backstop to Credit Suisse, UK chancellor Jeremy Hunt unveiled a Budget that includes a £4bn expansion of free childcare, and Volkswagen is increasing its investments in electric vehicles.
Mentioned in this podcast:
Swiss central bank offers Credit Suisse liquidity backstop after share plunge
Jeremy Hunt’s “Budget for growth” boosts UK childcare
VW ramps up investments in electric car transition with €180bn injection
Download the FT Edit app here: ft.com/ftedit
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com