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RBS & Lloyds most exposed to commercial property

RBS building

Royal Bank of Scotland and Lloyds Banking Group are the two major U.K. banks most exposed to the commercial real estate market, which poses a risk for banks after asset managers froze withdrawals from property funds, JPMorgan Chase said.

UK car sales fell ahead of EU vote

Ferrari 488 GTB

Sales of new cars in the UK fell for only the second time in more than four years in June, in a sign that consumers are feeling less confident about spending money on big items.

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RBS building

RBS & Lloyds most exposed to commercial property

Royal Bank of Scotland and Lloyds Banking Group are the two major U.K. banks most exposed to the commercial real estate market, which poses a risk for banks after asset managers froze withdrawals from property funds, JPMorgan Chase said.