With HSBC looking to move their Head office to HK...Will the economy in the UK every recover to back to what it use to be?

What has the location of HSBC's got to do with the economic recovery?I read the headlines of a magazine as I was walking out of Tesco today."Cheryl's dream is over!"Will dairy farmers ever see the end of it!?

Other companies will soon follow the trend of moving their business's abroad as it will work out cheaper. Reply if you something constructive to say!

I doubt the cost of replacing 10,000 staff or however many it is will justify the small saving on the tax bill. If people are their most important asset... then it it worth risking losing so many of them? Just how many will follow them to HK? Not many, I'll bet...

Well companies are facing a lot of pressure to get the right 'Skillsets' in UK. and top that up with the visa restrictions.I fail to understand the logic behind freezing visa for non UK candidates. I agree with the local job local people poilicy but why if the local skill sets are just not there and do you really think the companies will teach the complexities of IT/Finance to a naive person who wants a handsome salary and doesnt want to put in any hardwork ! ! Wake up guys, companies are not 'Benefits' minting machines who has teh responsibilty to make one productive in life. Then onus lies with the individual ! ! ! If this continues, sooner or later most of the MNCs will pull out of UK for good talent elsewhere on the globe !!!

@ mr nice - wow, what insight. By the way your exclamation mark key seems to be stuck. Do you write for the Daily Mail?

no - a typical daily mail rant would begin and end with immigrants stealing Our Great British Jobs(tm), somehow linking that to the "EU conspiracy" and "the failed multicultural experiment".

...and would be pro-royal family; which is amusingly ironic when, as you say, they hate foreigners coming over her to "take our jobs"

HSBC does not need to move its head office to HK to benefit from a tax shield. Barclays were able to illustrate just that recently by announcing having paid 2% in tax in their last results.I still rest my case. HSBC could have decided to move next year, last year, the year before...absolutely nothing to do with economic recovery.The UK economic recovery is probably the least of our worries right now anyway. global oil supply is certainly more relevant than corporations shifting head offices around.OPEC and Saudi Arabia are more than likely to plug the current global supply shortage but if the turmoil in the middle east starts to cross the borders of Saudi Arabia, we are well and truly f*****If that happens, I would encourage you to put your money in rail companies because they will make a killing once oil hits $200/ brrl

Hey Annonnnn or the Polish plumber or The brothe of sister for marriage or Another Grammar teacher, Grammar forums are on the bbc site. This site is for consultants.Get a life dude !