Clydesdale Bank who own Yorkshire Bank and who are part of the National Australia Bank Group have announced that they will re-register as an English company if the Scotland is to separate from the rest of the UK following the forthcoming independence vote.

This is to provide further certainty to it’s customer during any independence negotiations.

While, this is sure to be disappointing for Alex Salmond’s independence campaign, Leeds and Yorkshire will be very pleased to welcome another prestigious financial institution to our part of the world.

The announcement follows news that Lloyds, Bank of Scotland, RBS, Standard Life & Scottish Widows also are making plans to move to England.

Further information can be found here.

In addition, Leeds based Pearson Jones Plc, have announced that all new investments in Scottish-based financial services providers maybe temporarily suspended if they do not deliver rapidly on plans to re-locate to the UK in the event of a vote for independence.

For further information regarding the Pearson Jones press release, see here.