UK firms at ‘serious risk’ from Silicon Valley Bank collapse warns chancellor

‘British tech firms face a "serious risk" over the collapse of the UK arm of Silicon Valley Bank, the chancellor has warned, but said the government was "working at pace" to limit the damage.

Speaking to Sky News' Sophy Ridge On Sunday programme, Jeremy Hunt said the government and the Bank of England were "absolutely determined" to do everything they could to help support the vital sector.’

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