RBS 'could quit an independent Scotland'
The under heading in large type read:
Royal Bank of Scotland's chairman has suggested the lender could consider moving from its Edinburgh headquarters if Scottish independence brought "extra difficulties".
The story actually is:
Asked whether the bank would look at where it is domiciled if Scotland voted for independence in 2014, he (Sir Philip Hampton) said: "The overriding requirement is to serve our customers and through that to produce the best value we can for shareholders. We have no intention or plan to relocate from Scotland."
He continued: "We are very happy and Scotland is a very effective place at the moment to do business.
"If, as a result of a vote for independence, we found extra difficulties or cost pressures or whatever arising from that, then we would have to think about alternatives.
"But we don't expect at the moment, we don't identify any clear rationale for making major domicile changes."
In short RBS could quit and independent Scotland (we can't quite see why the heading had quotes). At the same time the USA and Canada could become one country or Japan could kick out its emperor or Burma could declare war on Peru or Tris could be the next Prince of Monaco.
Each of these is possible; but none of them is likely. (Except the last one, which I am waiting to hear about any day!)
The good old Daily Telegraph. Tabloid journalism with multi syllabic words.