UK Acted 'Decisively' on SVB Failure: UK City Minister

The video discusses the UK's position in the global fintech and capital markets, emphasizing the benefits of the UK's regulatory regime and reforms to unlock capital. It addresses the role of the Bank of England in deposit guarantees and the importance of maintaining a balance between regulation and growth. The video also highlights the government's engagement with UK businesses and the Confederation of British Industry (CBI), stressing the importance of outcomes from these engagements.

What is one of the main reasons the UK wants startups to list on the London Stock Exchange?

• To increase tax revenue

• To benefit from the UK's progressive regulatory regime

• To compete with the US market

• To reduce unemployment

What concern did Duncan McInnes express regarding UK banks?

• Lack of innovation

• Deposit outflows

• High interest rates

• Excessive regulations

How did the UK government respond to the SVB UK situation?

• By ignoring the issue

• By acting decisively to secure a good outcome

• By implementing stricter regulations

• By increasing taxes

What is the government's stance on engaging with businesses?

• They engage only with large businesses

• They have halted all engagements

• They engage daily with businesses of all sizes

• They focus only on international businesses

What is the government's goal in meeting with asset management firms?

• To limit their influence

• To help them grow and make the UK a top business destination

• To discuss reducing regulations

• To increase taxes