Author: News Desk

Silicon Valley Bank collapse If you work in the technology industry, it’s likely that you are familiar with Silicon Valley Bank. However, if you haven’t heard of this seemingly localised bank, don’t worry – it primarily served a specific clientele of startups, venture capitalists, and technology firms, with only a few branches despite holding billions in deposits. Unfortunately, the bank has since collapsed, marking the second-largest bank failure in US history, after banking regulators shut it down on Friday, March 10. Just two days before, Silicon Valley Bank had signalled a cash shortage and attempted to raise money by selling…

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The Guardian – Excoriating report condemns Met Police over racist, sexist culture Summary of the front page The Guardian reports on a review due to be published next week which will criticise the country’s largest police force for its racism, sexism and homophobia. Sources with knowledge of the Casey report, which has been looking into the culture of the Metropolitan Police, have told the Guardian that its findings are “horrible” and “atrocious” and show the force is “in the last chance saloon”. The paper has been told the report finds that Wayne Couzens, who murdered Sarah Everard, and David Carrick, another…

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