Jeremy Hunt has abolished the lifetime tax-free pensions allowance and introduced free childcare for youngsters under three in a budget aimed at getting people back to...
The chief executive of Silicon Valley Bank’s UK (SVB UK) arm has abandoned plans to leave the role following its £1 rescue takeover by HSBC. Sky...
The FTSE 100 and other major European stock markets have taken a beating as concern over the health of US banks crosses the Atlantic. London’s blue...
Jeremy Hunt said the British economy is “proving the doubters wrong” and will avoid recession, as he delivered his first full budget speech to Parliament. The...
The chancellor has announced the budget for 2023. The UK will now not enter a technical recession this year, the independent forecasters, the Office for Budget...
Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic. Credit Suisse shares plunged to new...
Tempting as it is to believe that the chaos with Silicon Valley Bank and its British arm are of interest only to members of the tech...
Rishi Sunak has said Jeremy Hunt will still be chancellor at the next election after criticism his number two did not have enough economic vision. The...
Bosses running what is believed to be the most expensive rail line in the UK have defended the new shuttle service, insisting its value is “huge”....
The low point came on Sunday evening. For two days and two nights the Bank of England had, alongside the Treasury and its fellow financial regulators,...
While there will be huge relief at HSBC’s rescue of Silicon Valley Bank’s (SVB) UK arm, sparing the UK tech sector from a body blow, this...
Bank stocks have plunged sharply across the US and Europe again, despite the US president’s assurance that the system “is safe” in the wake of the...
McLaren Group, the supercar manufacturer and Formula One team-owner, has received a £70m funding boost from investors in the first stage of a wider capital-raising plan....
Technology investors and founders representing over £560bn in capital raised and fund assets under management have expressed relief about the rescue of Silicon Valley Bank UK...
The number of working days lost to strike action totalled 220,000 in January, figures from the Office for National Statistics (ONS) show. In the first month...
HSBC has bought the embattled UK arm of Silicon Valley Bank (SVB UK), securing the deposits of more than 3,000 customers worth £6.7bn. Confirming a story...
The US government has assured depositors that they will be able to access all of their money quickly following the historic failure of Silicon Valley Bank....
HSBC Holdings has emerged as a potential ‘white knight’ bidder for Silicon Valley Bank (SVB) UK as the government and regulators seek to avert the lender’s...
A business lender founded by a prominent former Conservative Party donor is in talks to buy the British operations of Silicon Valley Bank, the US lender...
The government is “working to recognise the anxiety” of businesses caught up in the collapse of the the UK arm of Silicon Valley Bank, the prime...