Investors warn 'Trinity Mirror must avoid whitewash'

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Sly Bailey, the chief executive of Trinity Mirror, is under pressure from investors to give a full account of the newspaper group's alleged involvment in phone-hacking following new claims by a former journalist.

Shareholders including Standard Life, Aviva and Royal London are all understood to be keen to hear Ms Bailey, who will be presenting half-year results next week, explain in more detail. Last week she announced a review, which is due to report to the board in September.