Friday, 24 April 2015

Election 2015 live: HSBC threat to leave UK shows danger of Tory re-election, says Labour | Politics | The Guardian

Election 2015 live: HSBC threat to leave UK shows danger of Tory re-election, says Labour | Politics | The Guardian:



"HSBC, Britain’s biggest bank, has issued a stark warning about the economic risk of the UK pulling out of the European Union as it revealed it was considering moving its headquarters out of London.



The surprise announcement of a “strategic review” into where the bank should base its operations will stun politicians on the general election campaign trail.



HSBC listed the economic uncertainty created by the risk of the UK going alone - a blow to the Conservatives which have pledged to hold an in out referendum on the EU."



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