Brown Defends Takeover of Ailing British Lender
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British Prime Minister Gordon Brown defended his decision to nationalize the struggling lender Northern Rock but some shareholders are threatening legal action.
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Chancellor Gordon Brown has insisted he will stick to his 'golden rule' on spending, despite calls from the City and unions.
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Prime Minister Gordon Brown's government faced accusations of mismanagement Monday as it began nationalizing stricken mortgage lender Northern Rock PLC Â the first time in 20 years that a private company has been taken into public ownership.
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Business & money: Â· Brown pressed to reform private equity concessionsÂ· Campaigners seize on tax admission
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Prime Minister Gordon Brown said Sunday he was not secretly negotiating the future of troubled bank Northern Rock with Virgin boss Richard Branson, who was travelling with him in India.
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Unions say they avoided a showdown with Gordon Brown as they did not want to ruin his first conference as leader.
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A close ally of Gordon Brown joins criticism of plans to reform capital gains tax unveiled by Alistair Darling.
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Supporters of Gordon Brown reject "dirty tricks" claim over job offer to former Lib Dem leader Paddy Ashdown.
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Discussions are taking place to secure a private sale of Northern Rock, Gordon Brown confirms.
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Chancellor Gordon Brown denies Scotland will lose out through his drive to appeal to Middle England.
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The British government faced questions Monday over its economic competence after nationalising Northern Rock, the beleaguered mortgage lender that fell victim to the global credit crunch six months ago.
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British Prime Minister Gordon Brown  faced a political and public backlash on Monday after his  decision to take ailing bank Northern Rock Plc  into  public ownership, the first UK nationalization since the 1970s.
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As criticism mounted yesterday over Banknorth Group's pending deal with a Canadian bank, chief executive William J. Ryan defended his decision to sell a majority stake in New England's largest independent bank, saying it is in the shareholders' best interest.
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Supporters of Gordon Brown reject "dirty tricks" claim over his job offer to former Lib Dem leader Paddy Ashdown.
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Gordon Brown says the EU reform treaty he will sign later "is in Britain's interest" as the Tories call him "gutless".
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Ed Balls, seen as the closest ally of Britain's finance chief Gordon Brown, has hinted that he would back a takeover of the London Stock Exchange by Nasdaq, according to a report.
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British Prime Minister Gordon Brown set out his plan to reform the international financial system and restore stability to markets around the world in a Financial Times comment piece Friday.