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Page last updated at 15:57 GMT, Friday, 7 August 2009 16:57 UK

RBS chief: 'Difficult times' ahead

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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.

RBS chief executive Stephen Hester remained cautious, telling the BBC that he believed that recovery would be "a marathon, not a sprint".

READ MORE: RBS downbeat despite £15m profit

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