HSBC Threat to Move Base From U.K. Ignites Election Campaign

April 24, 2015 2:01 PM

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HSBC Holdings Plc’s decision to consider moving its headquarters out of the U.K. was thrust into the election campaign Friday, with Prime Minister David Cameron saying it underscored the need for Britain to remain business-friendly.

“It is an important reminder of how vital it is that we keep a pro-enterprise, pro-business, pro-employment policy in our country,” he said following a speech in Lincoln, eastern England. “We need to keep taxes low, make this an attractive place to invest.”

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