trouble in the valley? financial stocks slump as investors move to withdraw their deposits from silicon valley bank, a key lender to start ups. and the uk grows more healthily than expected injanuary but the government warns there s still a long way to go to restore stability. welcome to world business report, i m tadhg enright. we start in the us with a story causing some worries on financial markets. silicon valley bank has been trying to reassure its clients their money is safe after a 60 per cent collapse in its share price since wednesday. svb has been a key lender to many tech start ups the likes of airbnb and linkedin but questions have been raised about its financial health after it launched a huge share sale to raise money. joao da silva has the details. svb dropped massively overnight as the bank revealed it lost $1.8 billion and the folio of securities valued at around $21 billion. as a result of those losses, the bank was forced to rage cash by a huge share sa
point them towards guidance. and we really don t want the products getting into the hands of children. how often is the guidance on these things reviewed, and who does it? most of the guidance out there at the moment is actually done by trade associations, like we have done them with the association of convenience stores, and they are updated very regularly and this is such a growing area for retailers and we have to keep on top of the law. we have to make sure all of the guidance out there is correct, so it is available and we don t have any particular guidance from government which is why the industry ourselves have taken it upon us to write the guidance to support retailers and stop underage sales and prevent the noncomplying goods entering the market. , ., , noncomplying goods entering the market. , ., market. does there need to be more uuidance, market. does there need to be more guidance. do market. does there need to be more guidance. do you market. does there need
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The British Independent Retailers Association said the potential pressures of enforcing the smoking ban being placed on retailers could lead to 'flashpoints of abuse to people who work in the shops'
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