HSBC executives deny pressure to relocate from London despite anticipated UK tax hikes, aiming to reassure investors and stabilize the bank’s presence amid political uncertainty.
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As John Healey’s budget decision looms, lender reports 32% rise in profitsBusiness live – latest updatesA top executive at HSBC has tried to quash speculation that the bank could move its headquarters out of the UK over tax increases expected to be announced in Wednesday’s budget.HSBC’s chief financial officer, Pam Kaur, said there was “no pressure”, particularly from shareholders in its cornerstone Hong Kong market, to shift out of London despite lobbyists warning higher tax bills could drive big banks’ business abroad. Continue reading...
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A former PLO official notes that Israel's election outcome remains uncertain due to divided polls between Netanyahu and Eisenkot.
High voter turnout in Israel's pivotal post-war election signals a decisive public referendum on Prime Minister Netanyahu's leadership.
High voter turnout in Israel's pivotal post-war election signals a decisive public referendum on Prime Minister Netanyahu's leadership.