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Is HSBC junking Britain for Hong Kong?

HSBC says it's considering moving its HQ out of Britain. Is Asia the new London?

Banks in Britain are under political and financial pressure. This week HSBC said it was considering moving its HQ out of Britain. Our experts think it's already privately decided to move back to Hong Kong. Asia's economies are booming, and offering the chance for fat profits. But there's a big downside too: is it a good idea to be based in a place where courts do what the government, rather than the law, tells them?
Also in this podcast: G7 promises to end using fossil fuels by 2100 - the challenge might be easier than it seems; the Taleban start their fighting season again - but this year they face so-called Islamic State too; the Turkish president gets a slap in the face from the electorate; and the irresistible lure of really cheesy music.

25 minutes

Last on

Sun 14 Jun 2015 22:05GMT

Broadcasts

  • Sat 13 Jun 2015 02:05GMT
  • Sat 13 Jun 2015 10:05GMT
  • Sun 14 Jun 2015 22:05GMT

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