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UK races to minimise damage from Silicon Valley Bank collapse

Summary by Ground News
British finance minister Jeremy Hunt says he is working on a plan to "avoid or minimise damage" from a collapse of the UK arm of Silicon Valley Bank. "The government is treating this issue as a high priority," Hunt said. "We will bring forward immediate plans to ensure the short term operational and cashflow needs of Silicon Silicon Bank UK customers are able to be met"

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  • 39% of the sources are Center
39% Center
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Irish Independent broke the news in Ireland on Saturday, March 11, 2023.
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