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Hunt: Our best tech companies had money in Silicon Valley UK

Video Credit: ODN - Duration: 01:28s - Published
Hunt: Our best tech companies had money in Silicon Valley UK

Hunt: Our best tech companies had money in Silicon Valley UK

Jeremy Hunt says "the UK banking system is extremely secure" as its revealed that HSBC has bought the now-collapsed Silicon Valley Bank UK.

The chancellor reveals that a "number of our most promising and important technology and life science companies" had their money in the bank.

Report by WARDL.

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