Lloyds Banking Group
SCOTTISH companies led the way in a market rally as the Scottish independence vote was quashed and investors ruled out a flurry of headquarters relocations in the financial sector.
Shares in Royal Bank of Scotland surged three per cent while energy provider SSE, Glasgow-based engineer Weir and Standard Life were up by around two per cent in early trading.
RBS, along with rival Lloyds Banking Group and insurance firm Standard Life, had indicated that it would consider a move south if Scotland opted to split from the United Kingdom. Read the rest of this entry »