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08 Jan 2007
HSBC chairman Stephen Green has played down suggestions that the bank is set to leave the UK over tax.
Accountancy Age revealed in October the comments of senior figures at the banking giant that it would consider leaving over a perceived decline in the UK's competitiveness because of tax.
The bank regularly reviews its HQ in terms of tax, availability of skilled workers and transport links, but Green told the FT: 'Ever since 1992, and I see no reason that this is going to change as of now, the answer has been London.'
Further Reading;
HSBC: 'We'll quit UK over tax'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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