RBS deficit rises after fluctuating over 2012

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The Royal Bank of Scotland's defined benefit deficit has risen to £3.9bn over 2012 in a year which saw it fall as low as £1.7bn, its final results show.

The bank, which is majority-owned by the tax payer, finished 2011 with a combined deficit of £2.3bn, which fell to £1.7bn by the end of September 2012, before shooting up to £3.9bn by the end of th...

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