• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Business and Economics

Royal Bank of Scotland says it will move its headquarters to London if Sturgeon wins independence

"The idea that RBS would move to the only country in the world intent on isolating itself from the international trading community says everything".

Jack Peat by Jack Peat
2019-08-07 10:54
in Business and Economics
FacebookTwitterLinkedinEmailWhatsapp

The Royal Bank of Scotland has provoked outrage after it said it would move its headquarters to London if Scotland becomes independent after Brexit.

Ross McEwan, the outgoing chief executive of the banking group, said the bank would be “too big for the Scottish economy” at an editors’ dinner this week.

He said: “I think you would if you talk to the Scottish Government they would want us to take the plaque and move it to England because the balance sheet size of this thing would just be too big for Scotland – 730-odd billion, you can’t support it.

“So that would be the change, same as it was four years ago.”

Laughable…

Most rural communities in Scotland have already been completely abandoned by @RBS.

The idea that RBS would move to the only country in the world intent on isolating itself from the international trading community says everything.#scarestories https://t.co/cpYlEl7wSG

— Dr Paul Monaghan (@_PaulMonaghan) August 7, 2019

The comments come as Scottish First Minister Nicola Sturgeon upped the ante on calling for a second referendum following Brexit.

Meeting with the new Prime Minister she said Boris Johnson’s “hard-line” Government is driving the country towards “disaster” by pushing for a no-deal Brexit.

She stressed: “The people of Scotland did not vote for this Tory Government, they didn’t vote for this new Prime Minister, they didn’t vote for Brexit and they certainly didn’t vote for a catastrophic no-deal Brexit which Boris Johnson is now planning for.

“Boris Johnson has formed a hard-line Tory Government with one aim – to take Scotland and the UK out of the EU without a deal.

“Scotland has been ignored throughout the Brexit process and it is now time for everyone who cares about the future of Scotland to come together to chart our own course and say to the Tories – stop driving our country towards disaster.”

RelatedPosts

Trump unveils $499 gold mobile phones for ‘real Americans’

No ‘millionaire exodus’ as a result of Labour policies, study finds

Shops could be forced to accept cash in future

Liverpool to introduce tourist tax from June

A new poll commissioned by Lord Ashcroft also revealed a majority of Scots are now in favour of independence.

When those who said they did not know how they would vote, or said they would not vote, were removed, support for independence was at 52 per cent and 48 per cent were against.

In the EU vote 62 percent of Scottish voters wanted to remain in the EU while the UK as a whole voted by 52 percent to 48 percent to leave.

Tags: headline
Please login to join discussion

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Former Manchester United fans favourite announces retirement ← Spurs star rumoured to favour move to Spain over Manchester United
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->