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Rolling coverage of the latest economic and financial news
- UK racing to secure deal to protect firms from Silicon Valley Bank collapse
- Why Silicon Valley Bank was so important to UK tech sector
Rishi Sunak sought to reassure British businesses over the collapse of Silicon Valley Bank on Sunday night, our political correspondent Aubrey Allegretti reports.
As he flew to the US for defence talks with President Joe Biden and Australian Prime Minister Anthony Albanese, the UK PM said “our overall financial system is sound and there’s nothing to worry about there”.
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