Don’t put taxpayers on the hook for failed banks
Rebuilding Britain by Lord Owen featured in The Express
Julian Jessop comments in The Financial Times
Julian Jessop quoted in The Telegraph
“Private businesses should certainly not expect taxpayer bailouts just because they happen to be cash-rich start-ups, or operate in the tech sector,
“SVB’s UK subsidiary appears to be well capitalised and solvent… The threat of wider contagion also seems limited,
“The Government should simply ensure there is enough short-term liquidity to meet operational and cashflow needs – which seems to be the plan.”
Read the full piece here.