HSBC considers headquarters move away from UK
Banking giant HSBC is to carry out a review into whether to keep its headquarters in the UK.
Banking giant HSBC is to carry out a review into whether to keep its headquarters in the UK.
Labour's shadow Business Secretary has said that HSBC's announcement it may move its headquarters outside of the United Kingdom, highlights the importance of EU membership for the country.
Chuka Umunna said:
HSBC's statement today serves to illustrate how irresponsible it is to play fast and loose with the UK's membership of the EU.
It would be a disaster for our financial services sector and business in general if the UK left the EU. Better to stay in and lead reform.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.