This picture neatly sums of the Guardian’s relationship to HSBC:
Update 15 February – it has just been stated by HSBC in the Treasury Select Committee meeting today that the Guardian is the biggest recipient of digital advertising revenue from HSBC.
I have been saying for some time that the reason the Guardian don’t report this massive fraud is because of their financial connections with HSBC. The Chair of the Scott Trust, owners of the Guardian is Liz Forgan. She is also a patron of charity St Giles Trust, which recently benefited from a £30m donation by HSBC. That of course may be purely coincidental.
But I have just found this in the Guardian Media Group’s financial results for the year ended 2014, which I think leaves little doubt as to why they won’t report the fraud (click to enlarge):
Update: today 18 February the Guardian stated this
Update 23 February. The extract from the financial results above has now been removed from web searches and instead there is a glossy financial report in which the phrase doesn’t appear. The Guardian seems to be trying to bury evidence of it’s relationship with HSBC. These pages appeared online until the recent scandal broke
Now a search for Guardian/New Horizons shows this:
Here is an extract from an interview with Guardian editor Alan Rusbridger from 2000, which is self-explanatory: