Today programme business round-up

Royal Bank of Scotland has announced its results for the first half of the year and confirmed Ross McEwan as its new CEO. So how is the bank that is 81% owned by the taxpayer doing and how near are we to returning that stake to the private sector, and what does the promotion of the head of retail banking to the top job say about the bank's future direction?

First broadcast on BBC Radio 4's Today programme on 2 August 2013.