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Tuesday, August 19, 2014

REFILE-John Menzies backs Scotland staying in the UK, (NYSE: RBS)

Edinburgh-based John Menzies Plc says it hopes that Scotland does not split from the United Kingdom as Scottish companies will have more opportunities if Britain is not split up."We don't actually think Scotland should be independent," Finance Director Paula Bell told Reuters. "We'll be so glad to get back to normal when it's all over and hopefully the voters will vote for no independence."Recent opinion polls have suggested Scottish separatists are closing the gap on their unionist rivals ahead of the Sept. 18 referendum, though a rejection of independence still looks more likely.While some Scottish firms such as Royal Bank of Scotland Group Plc are mulling options if Scotland goes it alone, Bell said John Menzies would wait till the results to decide whether it needed to change.

The Royal Bank of Scotland Group plc (RBS) is a holding company of a global banking and financial services group. Shares of RBS traded higher by 1.64% or $0.19/share to $11.80. In the past year, the shares have traded as low as $9.80 and as high as $12.47. On average, 739433 shares of RBS exchange hands on a given day and today's volume is recorded at 1046794.