RBS chairman Sir Philip Hampton has said he expects the bank to return to the private sector in just over a year.
In a video statement on the RBS Group website, Sir Hampton said he expected the government to be in a position to start selling shares by the middle of 2014.
His remarks come as RBS announces a first quarter profit of £826 million, up from a loss of £1.5m in quarter one last year.
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After a sweltering day, where temperatures reached a record high for July, the weather turned.
One of Britain's leading tour operators, Thomas Cook, has joined a growing push for changes to the way tourists receive security warnings.
Thunderstorms affect mostly southeast England on Thursday with a mixture of sunny spells and showers into the afternoon.