UK says it is working to minimise damage from collapse of Silicon Valley Bank

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British finance minister Jeremy Hunt said on Sunday he was working on a plan to 'avoid or minimise damage' from the disruption that could arise from a collapse of the UK arm of Silicon Valley Bank (SIVB.O).

British Chancellor of the Exchequer Jeremy Hunt talks to a television crew outside the BBC headquarters in London, Britain November 18, 2022. REUTERS/Henry Nicholls/File Photo

LONDON, March 12 - British finance minister Jeremy Hunt said on Sunday he was working on a plan to "avoid or minimise damage" from the disruption that could arise from a collapse of the UK arm of Silicon Valley Bank . "The government is treating this issue as a high priority," Hunt said. "The government is working at pace on a solution to avoid or minimise damage to some of our most promising companies in the UK and we will bring forward immediate plans to ensure the short term operational and cashflow needs of Silicon Valley Bank UK customers are able to be met."

 

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Inflation and over spending created this

Trump did this...and you bought it.

Firstly your headline is a lie,, the UK are doing nothing together, him and his kind are Westminster not UK, you can’t believe a word that comes from their mouths, truth doesn’t exist in that place.

Stop being woke and act like grown ups. I know its difficult for the left. Problem resolved.

There goes the crown jewels. Lol

Shallow, short-sighted, self-serving attempts at damage limitation are what got us where we are today Time to stop patching up a broken model & allow the reboot bitcoin

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