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Mar 13 • 5 tweets • 3 min read
For the Bankof England to sell SVB UK to HSBC it had to have taken SVB over in the first place - last night.

#r4today
"The Bank of England, in consultation with the Prudential Regulation Authority, HM Treasury and the Financial Conduct Authority, has taken the decision to sell Silicon Valley Bank UK Limited, the UK subsidiary of the US bank, to HSBC UK Bank"

bankofengland.co.uk/news/2023/marc…

#r4today
"Today the government and the Bank of England have facilitated a private sale of Silicon Valley Bank UK"

gov.uk/government/new…

#r4today
gov.uk/government/new…

#r4today
Banking commentary

#r4today

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More from @eddwilson

Ed Wilson Profile picture
Mar 12
After a decade at the BBC, Robbie Gibb joined the Tories in opposition, working for Francis Maude until 2001, when they backed the unsuccessful Portillo leadership effort.

In 2002 he rejoined the BBC, working on Newsnight, Daily Politics with Andrew Neil, Andfrew Marr.

1/8
In 2017 he became Theresa May's head of communications, before joining "global strategic communications consultancy Kekst CNC" when she stood down.

2020 saw him leading a buy-out of the Jewish Chonicle and back with Neil at #GBeebies as editorial adviser until October.

2/8
Gibb, 8 August 2020: The BBC has been culturally captured by the woke-dominated group think of some of its own staff. There is a default left-leaning attitude from a metropolitan workforce mostly drawn from a similar social and economic background...

3/8
Read 8 tweets
Ed Wilson Profile picture
Sep 26, 2021
Shapps told @bbcr4today on Friday that "We have doubled the number of places available for HGV drivers to get tested; in other words twice as many tests as before the coronavirus". What did he mean?

#marr

1/5
@BBCr4today He plans to change the testing regime so that drivers can qualify to drive a rigid lorry and an articulated lorry in a single test rather than two. Does he assume that enables testing centres to offer twice as many tests?

#marr

2/5
@BBCr4today A training company boss points out that moving straight from a Fiat 500 to an articulated lorry will require a longer course, and is almost certain to produce more failures. It will not double the passes.

#marr

3/5
Read 5 tweets
Ed Wilson Profile picture
Sep 25, 2021
Shapps told @bbcbbcaq yesterday that "We have doubled the number of places available for HGV drivers to get tested; in other words twice as many tests as before the coronavirus". What did he mean?

#bbcaq

1/5
He plans to change the testing regime so that drivers can qualify to drive a rigid lorry and an articulated lorry in a single test rather than two. Does he assume that enables testing centres to offer twice as many tests?

#bbcaq

2/5
A training company boss points out that moving straight from a Fiat 500 to an articulated lorry will require a longer course, and is almost certain to produce more failures. It will not double the passes.

#bbcaq

3/5
Read 5 tweets
Ed Wilson Profile picture
Sep 25, 2021
Shapps told @bbcr4today yesterday that "We have doubled the number of places available for HGV drivers to get tested; in other words twice as many tests as before the coronavirus". What did he mean?

#r4today

1/5
@BBCr4today He plans to change the testing regime so that drivers can qualify to drive a rigid lorry and an articulated lorry in a single test rather than two. Does he assume that enables testing centres to offer twice as many tests?

#r4today

2/5
@BBCr4today A training company boss points out that moving straight from a Fiat 500 to an articulated lorry will require a longer course, and is almost certain to produce more failures. It will not double the passes.

#r4today

3/5
Read 5 tweets
Ed Wilson Profile picture
Sep 24, 2021
Shapps told @bbcr4today this morning that "We have doubled the number of places available for HGV drivers to get tested; in other words twice as many tests as before the coronavirus". What did he mean?

#bbcaq

1/4
@BBCr4today He plans to change the testing regime so that drivers can qualify to drive a rigid lorry and an articulated lorry in a single test rather than two. Does he assume that enables testing centres to offer twice as many tests?

#bbcaq

2/4
@BBCr4today Or is it that some parts of the tests - reversing, uncoupling/recoupling the trailer - are to be done by the trainer, not the test centre? Will that get him the numbers? It certainly might get him some conflict of interest.

#bbcaq

3/4
Read 4 tweets
Ed Wilson Profile picture
Aug 25, 2018
The UK put its proposed tariff schedule to other WTO members on 22 July 2018, which might seem ludicrously late.

Did anybody at the BBC notice?

At least seven countries have lodged major objections to the proposal.

Shouldn't that be considered news?

#bbcaq
Here's the official UK attempt to establish an independent position in the WTO. There are no supporting documents.

#bbcaq

And here's a decent journalist's thread on the subject of the UK's position in the WTO, with the documentation.

#bbcaq

Read 7 tweets

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