Guest pelmetman Posted April 25, 2015 Share Posted April 25, 2015 Oh dear how sad never mind :-|............... Link to comment Share on other sites More sharing options...
antony1969 Posted April 25, 2015 Share Posted April 25, 2015 If her out of The Krankies gets it on with Dead in May then I'll be another big business leaving the country too , might do as Pete James does travel around dumping my stuff in waste bins and just living the life Link to comment Share on other sites More sharing options...
Guest Peter James Posted April 25, 2015 Share Posted April 25, 2015 To be fair HSBC is one of those banks who never had a penny of taxpayers bailout money, but is now being heavily taxed to pay for its competitors who did. Sure they took advantage of Switzerlands banking secrecy laws like all the others, but our Government should have the courage to take that up with the Swiss Government. Their job is to close the loopholes, not blame people for slipping through them. If HSBC relocate abroad like all the other profitable businesses seem to have done, and who could blame them, Britain will lose a lot more well paid jobs and tax revenue. Link to comment Share on other sites More sharing options...
Brian Kirby Posted April 26, 2015 Share Posted April 26, 2015 Clue in name? Hong-Kong and Shanghai Banking Corporation = HSBC. Wakey wakey! :-D Link to comment Share on other sites More sharing options...
Tracker Posted April 26, 2015 Share Posted April 26, 2015 Like all multi national companies HSBC go where the taxation and regulation regime and the indigenous skills and abilities suits their perceived needs and if those regimes changes then they go elsewhere. If you were in their boardroom what would you do if your perceived profit levels and freedom to operate as you would wish are threatened. Others may, or may not, follow or it might just be bluster and attempted blackmail to get their own way as London is still seen as one of the best places to be seen to be in the financial world. http://www.birminghampost.co.uk/business/finance/birmingham-urged-to-welcome-hsbc-8979206 C'est la vie - for 'twas ever thus! Link to comment Share on other sites More sharing options...
Guest pelmetman Posted April 26, 2015 Share Posted April 26, 2015 Peter James - 2015-04-25 1:17 PM To be fair HSBC is one of those banks who never had a penny of taxpayers bailout money, but is now being heavily taxed to pay for its competitors who did. Sure they took advantage of Switzerlands banking secrecy laws like all the others, but our Government should have the courage to take that up with the Swiss Government. Their job is to close the loopholes, not blame people for slipping through them. If HSBC relocate abroad like all the other profitable businesses seem to have done, and who could blame them, Britain will lose a lot more well paid jobs and tax revenue. I wonder how much the rigging of libor and the numerous other illegal activities they've been involved in, has cost the average tax/mortgage payer? :-| ........... I'm surprised the forums foremost capitalist hasn't sprung to their defense ;-) ............. Link to comment Share on other sites More sharing options...
Tracker Posted April 26, 2015 Share Posted April 26, 2015 pelmetman - 2015-04-26 5:51 PM I'm surprised the forums foremost capitalist hasn't sprung to their defense ;-) ............. If it were not for capitalism none of us would have what we have today as well as the freedom to enjoy it all as and when we see fit plus the freedom to complain about it on forums like this without actually doing anything to change what we see as an imperfect system! Link to comment Share on other sites More sharing options...
malc d Posted April 26, 2015 Share Posted April 26, 2015 It's up to HSBC to decide which government they would prefer to be regulated by. ;-) Link to comment Share on other sites More sharing options...
Guest pelmetman Posted April 26, 2015 Share Posted April 26, 2015 malc d - 2015-04-26 5:59 PM It's up to HSBC to decide which government they would prefer to be regulated by. ;-) Or who's politicians are more pliable/less expensive to buy ;-) ............ Link to comment Share on other sites More sharing options...
Guest Peter James Posted April 27, 2015 Share Posted April 27, 2015 Brian Kirby - 2015-04-26 4:41 PM Clue in name? Hong-Kong and Shanghai Banking Corporation = HSBC. Wakey wakey! :-D Well their share price has risen on the news they might go back to Hong Kong. But the reason they left in the first place ( China ) is still there Link to comment Share on other sites More sharing options...
Guest Peter James Posted April 27, 2015 Share Posted April 27, 2015 pelmetman - 2015-04-26 5:51 PM I'm surprised the forums foremost capitalist hasn't sprung to their defense ;-) ............. Well I am a Capitalist. But what we have now, using taxpayers money and the strictest planning regulations in the world to pump up housing costs, (and hiding the effect by counting rent increases as 'growth' instead of inflation) is not Capitalism Its Socialism for the rich. Link to comment Share on other sites More sharing options...
Guest pelmetman Posted April 27, 2015 Share Posted April 27, 2015 Peter James - 2015-04-27 11:26 AM pelmetman - 2015-04-26 5:51 PM I'm surprised the forums foremost capitalist hasn't sprung to their defense ;-) ............. Well I am a Capitalist. But what we have now, using taxpayers money and the strictest planning regulations in the world to pump up housing costs, (and hiding the effect by counting rent increases as 'growth' instead of inflation) is not Capitalism Its Socialism for the rich. Blimey a capitalist with a socialist liberal bent :D ............Your going to have your work cut out on the 7th ;-) ....... Link to comment Share on other sites More sharing options...
Guest Peter James Posted April 27, 2015 Share Posted April 27, 2015 pelmetman - 2015-04-27 12:47 PM Peter James - 2015-04-27 11:26 AM pelmetman - 2015-04-26 5:51 PM I'm surprised the forums foremost capitalist hasn't sprung to their defense ;-) ............. Well I am a Capitalist. But what we have now, using taxpayers money and the strictest planning regulations in the world to pump up housing costs, (and hiding the effect by counting rent increases as 'growth' instead of inflation) is not Capitalism Its Socialism for the rich. Blimey a capitalist with a socialist liberal bent :D ............Your going to have your work cut out on the 7th ;-) ....... Well I believe in voting for the candidate rather than the party, and if they are not constrained by membership of any party so much the better B-) If I didn't know the candidate and had to vote for the party I would vote for the party that predicted the financial crisis and opposed the illegal invasion of Iraq B-) Link to comment Share on other sites More sharing options...
Tracker Posted April 27, 2015 Share Posted April 27, 2015 That'll be this lot then? http://www.omrlp.com/ Link to comment Share on other sites More sharing options...
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