Videos

Silicon Valley Bank collapse: An existential threat for the UK’s tech sector?

More than 100 tech firms’ CEOs have told Chancellor Jeremy Hunt they believe the collapse of Silicon Valley Bank would bring harm to the UK’s tech sector.

PM Rishi Sunak, who is flying to the US for an official visit, has echoed comments by Chancellor Jeremy Hunt that the Treasury is “working at pace” to tackle the issue, but does not believe there is a “systemic contagion risk”.

Read more here: https://news.sky.com/story/silicon-valley-bank-collapse-uk-working-at-pace-to-minimise-damage-says-chancellor-12831894

#siliconvalleybank #techbusiness #bankingsystem #rishisunak #jeremyhunt #skynews

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Articles You May Like

Chancellor admits she was ‘wrong’ to say higher taxes not needed during election
Punch thrown after Custer nabs Xfinity title shot
Labour MP shares tweet linking Kemi Badenoch to ‘white supremacy in blackface’
SWOT Satellite Observes Seismic Tsunami Event in Greenland’s Dickson Fjord
Trump and Harris prepare final pitch to US voters after blitzing battleground states