Will Osborne back down over HSBC’s bank levy concerns?
The timing of today’s HSBC announcement couldn’t be any more convenient – and there are signs that George Osborne may respond in a way that will please the bank.
Siobhan Kennedy , Washington Correspondent
Siobhan Kennedy is the Washington Correspondent for Channel 4 News, based in DC.
Siobhan joined Channel 4 News in 2008 where, as Business Editor, she covered the financial crisis, austerity and its impact on the British economy and more recently, Brexit.
Before that, as a reporter for The Times, she worked as Politics and Business Correspondent and prior to that was a correspondent for Reuters in London and New York, where she covered the tech boom and bust and 9/11. She returns to the US just in time for the 2020 election campaign.
-
-
Confused by price comparison websites? You should be
Confused.com has to take down its savings page after Channel 4 investigation reveals it was only offering deals where it had a commercial link with the provider.
-
Sepp Blatter to resign: what caused him to go?
Sepp Blatter, the embattled Fifa president has finally thrown in the towel. And tonight reports the New York Times that Blatter has been placed under investigation.
-
Beds in sheds: is illegal immigration getting out of hand?
David Cameron chose the west London borough of Ealing to launch the government’s latest crackdown on illegal immigrants.
-
Sajid Javid brushes aside business concerns over EU referendum
Sajid Javid, the new Business Secretary appears to dismiss business concerns over a potential Brexit, saying the most important thing was to press ahead with a renegotiation and an in/out referendum.
-
GDP slowdown – so are economists right to be optimistic?
A week before the general election and in the week when the Tories are stressing that the economy is safe in their hands, today’s figures point to a marked slowdown.
-
Why HSBC’s threat to leave London is a big deal
The creep of banking regulation, combined with a potential Brexit, has created the image that Britain is not the best place to do business for the likes of HSBC.
-
What’s the real cost of your fresh salad?
An army of modern-day “slaves” are being used to grow the salad and winter vegetables that fill Britain’s supermarket shelves.
-
Exploited to put food on our plates: ‘we live like animals’
Surrounded by the fresh food they pick to send to supermarkets, but living in flimsy shacks, workers in Spain tell me how their dreams of better lives are crushed by the grim reality of exploitation.
-
If UK plc is putting the skids on spending, that’s bad news
A new survey says Britain’s chief financial officers are so worried about the general election that they’ve started to rein in spending – a worrying development for the UK economy.
-
Sports cars and cruises? Cashing in on the pension pot
Rules come into force allowing pensioners to cash in their pension pot all in one go. Should we expect spending sprees from retirees? Siobhan Kennedy reports.
-
John Lewis’ chairman shuns Farage idea firms should be free to hire Brits
The chairman of John Lewis made clear on Thursday what he thought of Nigel Farage’s plans to scrap racial discrimination laws should Ukip ever form a government.
-
Bank of England fraud probe: serious questions to be answered
The implication that bank traders rigged the market during the emergency money auctions designed to prop up the banks at the height of the financial crisis, is potentially the most shocking of all.
-
More RBS losses – so why such a huge package for the CEO?
RBS today announced a £3.5bn loss for 2014 – the bank’s seventh straight year of losses. So is it right that CEO Ross McEwan should take home an overall package of about £2.6m?
-
HSBC bosses face tough questions at Westminster
HSBC’s two bosses, Stuart Gulliver and Douglas Flint, are about to be appear in front of the Treasury select committee. But what of former chairman Lord Stephen Green?
