HSBC sees UK business weaken amid Brexit uncertainty

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The lender reported a 16% rise in annual profits but the figure was short of expectations after a 'challenging' fourth quarter.

 

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HSBC are a global bank so their profit target not being met is 1) greed! 16% profit for a multi billion bank is good 2) the world is slowing down recessions on the horizon for many countries

Its always darkest.. Before it gets light...

Says the bank that paid $1.9 billion fine for money laundering, and received £500 billion bail out from the UK government. Remember, you are one of the reasons for austerity.

In other news businesses suffer a bit of a downturn due to media scaremongering

Uncertainty has been caused by Parliament refusing to respect the 2016 Referendum result. 2 1/2yrs of putting our country down, Project Fear and MPs working with Brussels to ensure the worst deal has been bad for business-not Brexit.

Yes and they are just as bad, these parasites who will blame anything, but themselves as they leave customers high and dry, by closing their banks on our high streets.

The lender has a 16% rise in profits but this fell short of expectations, maybe the UK is doing okay and not needing to borrow as much!

Oh right, and what do they know.

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Germany narrowly avoids recession; Brexit costs UK '£800m per week' - business liveRolling coverage of the latest economic and financial news, including the latest German GDP report and a speech by Bank of England policymaker Gertjan Vlieghe yeah, but at least we're saving £350m/week hurr durr Well. At least Londom can enjoy GardenBridge Oh wait Are these numbers right? If we are losing £800m per week, we should join Africa & other nations on the list of poorest countries then! Logic says why Brexit Tories
Source: The Guardian - 🏆 84. / 53 Read more »