The City roundup video: Tale of two companies as RBS announce profit rise and retailer Next see good weather affect sales
Video: Jamie Dunkley provides a run-down of the day's major news from the City
Don't miss out on the goings on in the business world, with our daily roundup of the biggest news from the City.
Royal Bank of Scotland's shares reached an 11-month high today, after the bank projected that it was on course to make low provisions for bad debts.
RBS chief Ross McEwan said the bank had seen a major turnaround in its fortunes but warned that some uncertainties did still remain.
High-street fashion retailer Next were not as buoyant after they gave the stock market the first indication that fashion sales across the high street could see a major fall this Autumn.
The company is bracing itself for further losses as new laws brought in by the government before April have seen greater restrictions placed on payday lenders.
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