This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-29151798
The article has changed 20 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
RBS 'contingency for London move' | RBS 'contingency for London move' |
(34 minutes later) | |
Royal Bank of Scotland has confirmed it has made contingency plans to move its headquarters from Scotland to London if there is a Yes vote in the referendum. | |
A Treasury source told the BBC that it had discussed the plans with RBS. | |
Lloyds Banking Group also said it could shift some business from Scotland, after customers contacted it for clarification on their finances. | |
However, the banking group said it was just a legal procedure and "there would be no immediate changes or issues". | |
But a senior financier, Angus Grossart, said people should "not panic". | |
Mr Grossart, chairman of merchant bank Noble Grossart, told the Financial Times that the impact of a Yes vote was "severely overstated". |