Obama hits out at BP

BP boss Tony Hayward said he was doing "everything in his power" to stem the Gulf oil leak after Barack Obama stepped up the pressure on the British oil giant.

Speaking at the White House yesterday, the US president said he shared the "anger and frustration" felt by many Americans over the catastrophic spill, and also condemned "the ridiculous spectacle" of oil bosses "falling over each other to point the finger of blame".