Showing posts with label Lloyds Banking Group. Show all posts
Showing posts with label Lloyds Banking Group. Show all posts

Friday, 19 September 2014

Scottish referendum: Shares rise on 'No' vote as pound rally fades

Shares on the London stock market have risen after Scotland voted against independence.
The FTSE 100 share index was up 0.75% at 6,870.23 just after 10am BST.
An initial rally in the pound faded. Overnight it hit a two-year high against the euro and a two-week high against the US dollar, but fell back during the morning.
Meanwhile RBS confirmed it would not be moving its registered head office now that independence had been rejected.
The announcement we made about moving our registered head office to England was part of a contingency plan to ensure certainty and stability for our customers, staff and shareholders should there be a 'Yes' vote," the bank said.
"That contingency plan is no longer required. Following the result it is