UK bank RBS has announced a quarter one pre-tax profit of £826 million.
These results show pleasing progress in delivering a strong and valuable RBS for all our stakeholders. We expect to substantially complete the Bank’s restructuring phase during 2014. We are seeing the start of a pick-up in loan demand and have a strong surplus of funds ready and available to fully support economic recovery. Across the Group we are working hard to improve what we do for customers and to better position the Bank for future growth.
More top news
Freezing temperatures, a biting wind and risk of snow into next week
Austerity and Brexit are dividing Britons and causing a "schism" in society, the Archbishop of Canterbury has warned.
A taxi driver has been suspended after inspectors found he was using a Costa Coffee lid as a fuel cap.