https://www.bbc.co.uk/news/business-64930944
UK to help tech firms after Silicon Valley Bank collapse
More than 250 bosses of UK tech firms signed a letter addressed to Mr Hunt on Saturday calling for government intervention.
One source in a tech firm told the BBC: "It all feels like it could be pretty terminal for UK tech."
"This Monday, at least 200 firms employing tens of thousands of people will find they can't pay their staff or suppliers because the bank they had an account with has gone bust," the source said.
Between 30% and 40% or UK start-ups employing up to 50,000 people could be affected by the collapse, the source added.