Page last updated at 10:17 GMT, Friday, 11 September 2009 11:17 UK

MG bosses attacked over payouts

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The former directors of MG Rover claim a report into the collapse of the car-maker is a "white-wash" and a "witch hunt".

The official investigation criticised the so called "phoenix four" for taking 'unreasonably large' financial rewards. The Business Secretary, Lord Mandelson, says lawyers have started compiling evidence to bring proceedings against them.

The BBC's chief economics correspondent Hugh Pym reports.

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