LONDON, March 12 (Reuters) - British finance minister
Jeremy Hunt said on Sunday the government might be able to
ensure no losses for companies with accounts at the British arm
of collapsed U.S. lender Silicon Valley Bank.
"We want to find a way that minimises or if we possibly can
avoids all losses to those incredibly promising companies," Hunt
told BBC television.
Hunt said earlier on Sunday that he was working at pace with
Prime Minister Rishi Sunak and Bank of England Governor Andrew
Bailey to "avoid or minimise damage" resulting from the chaos
engulfing the UK arm of Silicon Valley Bank.
(Writing by William Schomberg. Editing by Andrew MacAskill)
Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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