By Lars Mucklejohn Royal bank Coutts is facing criticism from City figures over plans to pull roughly £2bn of clients’ funds out of London’s stock market. On Thursday, the iconic 332-year-old private bank and wealth manager confirmed plans to cut its investment in UK equities from 33 per cent of assets to only three per cent as it moves the money into foreign company shares. Under the plans, Coutts would have 65 per cent of its assets in North American equities and 13 per cent in Europe. The business has around £10bn in funds under management. The news comes as the government races to inject l…