The grovelingly Tory-supporting Telegraph was in the vanguard: “If Labour wins, HSBC exit could be first of many … HSBC, Britain's biggest bank, has announced that it may leave the UK following several increases in the bank levy and post-crisis regulatory changes. Here's why bashing business doesn't pay” they trumpeted. Stefano Pessina of Boots joined in, telling “Ed Miliband would be a 'catastrophe' for Britain”.
The excuses are enough to prompt deployment of a whole nanoviolin: HSBC pleads that the cost of doing business in the UK is all too much, something they managed to keep Schtum on before the poll. Boots, meanwhile, has gone Full Corporate Bullshit on reporters and announced that its own cuts are part of a “Transformation … in response to changing needs of customers and patients”. Yes, we made them do it!
This revelation that the press have been distinctly economical with the actualité did not impress Peter Jukes, who observed “Boots and HSBC job cuts, which @Telegraph reported would only happen if Miliband won election, happened anyway: can I get refund?” The man otherwise known as Mr Ceebs replied “how about those reporters stand and reveal their dishonest sources? Name and shame, live up to standards of Bloggers”.