HSBC warns of economic risks of UK pulling out of europe

http://www.theguardian.com/business/2015/apr/24/hsbc-warns-it-could-leave-uk-over-eu-referendum-uncertainty

The HSBC Tower in Canada Square, Canary Wharf, London.

The HSBC Tower in Canada Square, Canary Wharf, London. Photograph: Anthony Devlin/PA. Source: Guardian 24/April/2015

“One economic uncertainty stands out, that of continuing UK membership of the EU. In February we published a major research study which concluded that working to complete the Single Market in services and reforming the EU to make it more competitive were far less risky than going it alone, given the importance of EU markets to British trade.”

Extract from speech today by HSBC Chairman. source: Guardian 24 April 2015

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