LATEST BUSINESS NEWS

HMS Anson

Australia to operate nuclear-powered submarines based on British design

President Joe Biden speaks about the banking system in the Roosevelt Room of the White House in Washington

Biden insists banking system is safe after two bank collapses

Michele Barry waits outside a Silicon Valley Bank to withdraw funds in Palo Alto, California

Silicon Valley Bank collapse: What you need to know

UK bank stocks sink deep into the red in aftermath of SVB collapse

UK bank stocks sink deep into the red in aftermath of SVB collapse

Rishi Sunak visit to US

Sunak downplays chances of getting Biden to open post-Brexit trade deal talks

Stock Exchange sign

More than £50bn wiped off FTSE 100 amid banking stock sell-off

Dangerous cladding removal

Five major housebuilders sign up to post-Grenfell cladding pledge

Coins and banknotes

Central banks could ‘ease up on rate hikes’ after Silicon Valley Bank collapse

SVB in California

HSBC buys Silicon Valley Bank UK in rescue deal to avoid tech sector chaos

Barclays had already announced 41 closures this year

Barclays to shut 14 more branches across UK - see full list of closures

People walk past a Silicon Valley Bank sign at the company's headquarters in California

UK tech groups cheer SVB rescue deal for saving thousands of ‘anxious’ start-ups

E-bike

E-bikes and video doorbells added to UK inflation basket

Denmark US Silicon Valley Bank

Why did Silicon Valley Bank collapse and are other lenders at risk?

Floating offshore wind at Kincardine

Floating offshore wind farm approved off Welsh coast

Aerial views of the London skyline

FTSE 100 suffers further sharp falls amid fears of contagion from SVB collapse

Interest rates

What to expect from Jeremy Hunt’s Budget?

Striking NHS junior doctors on the picket line outside Queen Elizabeth hospital in Birmingham

Junior doctors to launch strike ahead of week of walkouts by several unions

A Moonpig box

What London-listed companies are saying about their exposure to the SVB collapse