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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.

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HSBC 'criticise Tory policy' in UK HQ review announcement

HSBC has made a "pretty clear criticism of Tory policy" in announcing a review of the location of its headquarters, ITV News Business Editor Joel Hills said.

The bank specifically warned of the "economic uncertainty" over the Britain's membership of the European Union when it announced it was considering moving its base out of the country.

Joel Hills also said the Government's bank levy had cost the bank £740 million last year.

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