RBS and Lloyds to relocate from Scotland in event of 'Yes' vote

Royal Bank of Scotland and Lloyds Banking Group will relocate to England from Scotland in the event that Scots votes for their country to become independent.

After Lloyds Banking Group said it planned to move its headquarters to London, RBS confirmed a similar move due to "material uncertainties" arising from the vote.

Scotland's First Minister Alex Salmond dismissed the plans as part of a Westminster-led "political campaign" that will have no impact on either bank's jobs or operations in Scotland.

David Cameron meanwhile made an emotional plea to Scottish voters, insisting "I care more about my country than about my party".

The Prime Minister was in Scotland on Wednesday along with Ed Miliband and Nick Clegg to try to gather support for the 'No' campaign.