BUSINESS LIVE: HSBC to buy SBV UK arm; Tech firms reassure investors

BUSINESS LIVE: Bank shares drag FTSE 100 down 2%; HSBC to buy Silicon Valley Bank’s UK arm; London-listed tech firms reassure investors

Published: 07:47 GMT, 13 March 2023 | Updated: 12:39 GMT, 13 March 2023

The FTSE 100 is down 2.1 per cent in midday trading. Among the companies with reports and trading updates today are HSBC, SBV UK, Direct Line, Heathrow and THG. Read the Monday 13 March Business Live blog below.

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