UK on HSBC watchlist over Brexit uncertainty

A top HSBC executive has urged a swift solution to Brexit, telling Sky News that the uncertainty is hurting business and consumer confidence. Speaking to the Ian King Live programme, the banking giant's chief financial officer Ewen Stevenson said the UK was on a list of world markets that HSBC was concerned about. He was speaking as the global lender reported a 31% hike in profits in the first quarter of the year, despite counting the cost of economic uncertainty in the UK.