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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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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Business & money: Chancellor denies any government blame and says regulator should have raised alarm earlier.
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The Liberal Democrat leader questions Gordon Brown's "courage" to lead and attacks David Cameron.
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Gordon Brown defends the new EU treaty as David Cameron says a referendum is needed to "restore trust".
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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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Supporters of Gordon Brown reject "dirty tricks" claim over his job offer to former Lib Dem leader Paddy Ashdown.
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Britainâs prime minister, Gordon Brown, denied reports that he had made a deal with Richard Branson over the sale of Northern Rock during a trip to China and India.
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Gordon Brown accused of 'dithering and delay' over struggling bank as he clashes with David Cameron
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British Prime Minister Gordon Brown says stricken mortgage lender Northern Rock PLC will remain nationalized until adverse market conditions change.
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Prime Minister Gordon Brown refused Sunday to quash intense speculation that he could soon call a general election, saying he was simply &quot;getting on with the job&quot;.
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Chancellor Gordon Brown insists that Tony Blair is his friend, in the wake of Labour's recent squabbles.
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The British bank could face nationalization should an effort being led by Prime Minister Gordon Brownâs government fail to find a buyer.
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British Prime Minister Gordon Brown on Friday welcomed Chinese investment, saying he wanted Britain to be the top destination for money from the Asian giant.
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Gordon Brown rebutted criticism that he was dithering over the future of Northern Rock
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Ailing British bank Northern Rock  is not a "lame duck" and its value is far higher than its current share price, its biggest investor said on Monday as it sought backing to prevent a hasty rescue deal.
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Alistair Darling defends his handling of the Northern Rock crisis, after an MPs report criticises his actions.