Analysts Warn That Coutts’ Plans To Move £2 Billion From UK Funds Into Overseas Investments Are Part Of A ‘Vicious Circle’ Causing London-Listed Firms To Lose Value

Royal bank Coutts has been accused of ‘abandoning’ Britain as it plans to shift billions of pounds of clients’ cash out of the UK. In a blow to the City, the 332-year-old lender, where King Charles is a client, will transfer £2 billion from British funds into overseas investments. Analysts said Coutts’ decision to join a ‘foreignContinue reading “Analysts Warn That Coutts’ Plans To Move £2 Billion From UK Funds Into Overseas Investments Are Part Of A ‘Vicious Circle’ Causing London-Listed Firms To Lose Value”

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