BBCNEWS Newsday June 4, 2024 23:16:00
Jeremy hunt also said customers of other banks should be reassured that svb's issues were unique and there's no threat to the wider banking system. but the government has prioritised growing the technology industry. just last week there was another big push. the government announced plans to become a tech superpower by 2030. if it doesn't step in now and do something it's reallyjust going to kneecap those plans. a number of high street banks and a middle east investment fund are understood to be weighing up possible rescue bids for svb uk. the clock is ticking as thousands of fledgling firms w...