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Budget 2023: Future of UK tech is ‘safe’ in HSBC’s hands after Silicon Valley Bank rescue

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The future of the UK's technology businesses in "safe" in HSBC's hands, Chancellor Jeremy Hunt has said, after the lender's rescue deal for Silicon Valley Bank's UK business.SVB lent to thousands of UK startups before a run on the bank forced its closure last week.Hunt said in his Budget speech on 15 March that the government has "worked...

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