The government 's recent budget is believed to have " reversed " HSBC 's attitude to remaining in the UK , after decades of uncertainty as to whether it would leave the country due to the global bank crisis . The final decision will be made by the board and not the cabinet , and sources suggest the move is very unlikely now .
The Chancellor's recent budget is said to have "softened" HSBC's attitude to remaining in the UK, after months of speculation as to whether it would leave the country due to the proposed bank levy. The final decision will be made by the board and not the CEO, and sources suggest the move is very unlikely now.