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Scottish independence would still prompt RBS HQ move

Royal Bank of Scotland still plans to move its headquarters to England should there be a "Yes" vote in any future independence referendum.

After the UK's Brexit vote, RBS boss Ross McEwan says that big firms are "stepping back" from investment decisions.

The FTSE 100 continues to rise following Thursday's UK interest rate cut, but RBS shares fall after it reports worse-than-expected losses.

RBS reports a 2bn loss for the first six months of the year, which the chief executive blamed on "legacy issues".

RBS Group performed poorly in the latest European stress tests which assess how the banks might perform in adverse economic conditions.

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