Besides having two HSBC Lords and an HSBC director heading the BBC, this is how HSBC manipulates the media and government.
Sir Simon Robertson is Deputy Chairman of HSBC and a member of the Conservative Party foundation “Our Mission: to strengthen the financial future of the Conservative Party”. Robertson has made the following donations to the Conservative party, including £100,000 to George Osborne personally.
Roberston was also a partner is Jacob Rees-Mogg’s Somerset Asset Management:
HSBC, unusually, brought it AGM forward this year, to April, before the general election, in order to make the announcement that the bank was considering relocating back to Hong Kong, partly because of uncertainty over Britain’s membership of the EU and partly because of the UK bank levy, which HSBC says impacts on them unfairly because most of their profit comes from overseas business. Two days before the election Stuart Gulliver made this statement.
So ,this happened in George Osborne’s “Summer Budget” What could be less democratic?