HSBC ‘encouraged’ by Burnham agenda despite tax threat and growth downgrade

HSBC ‘encouraged’ by Burnham agenda despite tax threat and growth downgrade

HSBC’s finance boss said the bank is “very encouraged” by Andy Burnham’s agenda, despite slashing its UK growth forecast ahead of a potential tax raid.  Pam Kaur, HSBC’s chief financial officer, said: “The UK is our home market, our focus in the UK is supporting customers with their growth ambitions.” But when asked about a potential looming tax threat at the Budget, Kaur said she would not “speculate” 24 hours out.  Chancellor John Healey will …