RBS will spend £700m to update branches

In an initiative led by RBS' UK head of retail, Ross McEwan, the 82 per cent state owned bank will spend £700m to revamp its 2,066 branches. McEwan has said that he wants RBS to be the best retail bank in Britain.

There's a big space there for it. I've not met anyone who believes there's great retail banking in the UK.