Page last updated at 16:52 GMT, Wednesday, 4 February 2009

Finance journalists defend themselves


A group of finance journalists have denied being slow to report the banking crisis as they faced questions from a group of MPs.

The Treasury Select Committee is looking into what affect the press had on the crisis. Jeff Randall of the Telegraph and Sky News told MPs that it was "hard to nail down the truth".

Lionel Barber of the Financial Times told George Mudie MP that he was not afraid of legal action and Simon Jenkins of The Guardian turned the question back on the politicians.


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