HSBC profits surge 32%, sparking fresh calls for bank taxes in the budget – business live
At least it’s not exactly rolling in profits this time around, providing some useful air cover ahead of a UK budget that will may include another raid on banks.” Continue reading...
- There are signs of some improvement overall, and a boost to the buyback is welcome, but it’s clear why the market wasn’t really inspired by these numbers.
- “You don’t usually get fireworks from HSBC results, and these are no exception.
At least it’s not exactly rolling in profits this time around, providing some useful air cover ahead of a UK budget that will may include another raid on banks.” Continue reading...
Rolling coverage of the latest economic and financial news UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises The 6% drop in HSBC’s share price this morning has made rather a dent in the FTSE 100 share index.
HSBC seems to be doing ok, but ok doesn’t really cut it in a world where inflation is back on the menu and growth may start to slow.
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