Business

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...

The US government has assured depositors that they will be able to access all of their money quickly following the historic failure of Silicon...

HSBC Holdings has emerged as a potential ‘white knight’ bidder for Silicon Valley Bank (SVB) UK as the government and regulators seek to avert...

A business lender founded by a prominent former Conservative Party donor is in talks to buy the British operations of Silicon Valley Bank, the...

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 budget will “break down the barriers” to getting people back into work in the face of more than a million vacancies and a...

Britain’s biggest high street banks have been given a 24-hour deadline to rescue Silicon Valley Bank UK (SVB UK) from collapse as the Bank...

Urgent plans are being drawn up to “avoid or minimise damage” from the disruption threatened by the collapse of the UK arm of Silicon...

Dozens of early-stage tech companies in the UK have warned the chancellor of “an existential threat” to the sector following the failure of Silicon...

The collapse of the UK branch of Silicon Valley Bank (SVB) is being mitigated by the Treasury and Bank of England, according to the...

Thames Water is facing crunch talks over its finances amid mounting concerns about its ability to service a debt mountain which stands at more...

A new clearing bank which launched just two years ago is among the suitors this weekend weighing bids to salvage the British arm of...

US regulators have shut down the country’s 16th largest bank, in the biggest collapse of a financial institution since the 2008 financial crisis. Silicon...

The UK arm of Grant Thornton, the accountancy and professional services provider, is drawing up plans to invest millions of pounds in its Indian...

The economy rebounded to grow by 0.3% in January, according to official figures which reaffirmed that the UK avoided recession at the end of...

Stock markets have gone into retreat globally over concerns for the health of US banks in the tougher economy. Banking stocks had led Wall...

Hundreds of thousands of mortgage holders could face payment difficulties by the end of June next year, according to analysis by the Financial Conduct...

The government has announced the construction of sections of HS2 will be delayed by two years to save money. The high-speed railway was initially...

Shell’s chief executive earned £9.7m last year, a 53% pay rise, as the company reported record profits due to elevated global energy prices. The...