Royal Bank of Scotland Warns Scottish Independence Would Have Negative Impact on Business

Royal Bank of Scotland Warns Scottish Independence Would Have Negative Impact on Business

LONDON (Reuters) – Royal Bank of Scotland said on Friday that a vote by Scotland to become independent from the rest of the United Kingdom could significantly increase its costs and have a material impact on its business.

RBS, which is 81 percent-owned by the British government, said earlier in the year that it was considering its options should Scots vote to end the 307-year union.

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