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.
Cable: We have to take HSBC threat seriously
The Business Secretary has warned that the government must take the possibility that HSBC will relocate its global HQ outside of the UK seriously.
Liberal Democrat Vince Cable said:
But he added that HSBC may be alarmed by "the possibility of a Conservative-dominated government distancing the UK from the European Union and therefore losing any influence over the key decisions affecting the financial services industry".
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