UK companies

It is reported that Watcher Guru disclosed on social media that more than 200 British companies will not be able to pay their employees’ salaries due to the bankruptcy of Silicon Valley Bank. More than 200 British companies will not be able to pay salaries due to the bankruptcy of Silicon Valley Bank Analysis based on this information:The recent news that Silicon Valley Bank (SVB) may file for bankruptcy has sparked fears in the UK financial market that it may affect more than 200 British businesses. According to a post on social media site, Watcher Guru has reported that these companies are unable to pay their employees’ salaries directly due to the bankruptcy. This news has sent shockwaves throughout the UK economy. SVB is a major player in the field of technology and innovation-based banking. The bank’s niche expertise in providing funding to technology startups made it an important institution for businesses in the sector in the UK. Over the…