Article: NatWest to move HQ from Scotland in event of independence

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NatWest to move HQ from Scotland in event of independence

Iain Withers, 29 April 2021

Britain’s NatWest would move its headquarters out of Scotland in the event of a vote in favour of independence, its CEO Alison Rose said, only days before parliamentary elections there.

State-backed NatWest (NWG.L), which until last year was called Royal Bank of Scotland, has been based for 294 years in the Scottish capital Edinburgh. “In the event that there was independence for Scotland our balance sheet would be too big for an independent Scottish economy. And so we would move our registered headquarters, in the event of independence, to London,” Rose told reporters. Continue reading “Article: NatWest to move HQ from Scotland in event of independence”

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