All the updated news related to svbuk

All the news related to svbuk updated in real time

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City

Hunt working ‘at pace’ to help tech firms after Silicon Valley Bank collapse

British technology companies face a “serious risk” from the collapse of Silicon Valley Bank UK, the Chancellor has warned, as he vowed the Government will do “everything we can” to protect them. Jeremy Hunt said he has been in talks over the weekend ...

12 Mar 2023 at 18:07

World

US and UK bid to stem fallout from Silicon Valley Bank collapse

Governments in the UK and US have taken extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank – even as another major bank was shut down. The UK Treasury and the Bank of England announced that they ...

13 Mar 2023 at 10:53

City

PM and Chancellor to meet BoE chief over Silicon Valley Bank UK collapse

Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are due to hold talks with the Governor of the Bank of England in response to the collapse of Silicon Valley Bank UK. In a statement issued on Sunday morning, the Treasury said it is treating ...

12 Mar 2023 at 08:00

Scramble to secure Silicon Valley Bank UK takeover amid fears for tech firms hit

City

Scramble to secure Silicon Valley Bank takeover amid fears 200 tech firms hit

A number of potential buyers are circling the failed lender Silicon Valley Bank UK. Chancellor Jeremy Hunt said the Government was “working at pace” on a plan to prevent affected businesses from going bust, which could involve an emergency ...

12 Mar 2023 at 22:33

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