The Government is facing the embarrassing prospect of being forced to reveal its planning in the build up to Northern Rock's nationalisation after the lender's largest shareholder, hedge fund SRM Global, joined private shareholders yesterday in suing the state for fair compensation.

Added: 2008-05-09

Northern Rock investors seek redress from government

Category: varial news

Barack Obama's pastor Jeremiah Wright criticises 'devious' TV networks

Barack Obama's efforts to shift attention away from his controversial former pastor suffered a setback yesterday when the Rev Jeremiah Wright's gave his first interview since his remarks about America came to national attention.

LSE shares fall on competition fears

Record trading on the London Stock Exchange drove profits sharply higher in the year to end March, but the shares fell amid fears it will not be able to sustain that growth due to increasing competition and tough market conditions.

US-Saudi oil axis faces day of truth

When President George Bush went to see Saudi Arabia's King Abdullah in January to plead for higher oil output, he was politely rebuffed.