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| Version 0 | Version 1 |
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| RBS downbeat despite £15m profit | RBS downbeat despite £15m profit |
| (10 minutes later) | |
| Royal Bank of Scotland Group, which is 70%-owned by taxpayers, has reported a pre-tax profit of £15m for the first six months of the year. | Royal Bank of Scotland Group, which is 70%-owned by taxpayers, has reported a pre-tax profit of £15m for the first six months of the year. |
| The statement from RBS was downbeat, highlighting the £1bn net loss and saying "the results, as we had clearly warned, are poor". | |
| They were boosted by a £3.8bn profit from buying back the bank's own debt when the banking crisis made it cheap. | They were boosted by a £3.8bn profit from buying back the bank's own debt when the banking crisis made it cheap. |
| RBS also said it had written off £7.5bn of bad debts. | RBS also said it had written off £7.5bn of bad debts. |