One reason he feels so strongly is that Johnson, who worked as a cash trader for Barclays from 1981 to 2011, was the original whistleblower of the interest rate rigging scandal, in which banks paid nearly $9bn in fines and 37 traders and brokers were prosecuted for “manipulating” Libor and Euribor, two benchmarks that track the cost of borrowing cash.
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Food production in the UK at risk of moving overseas, warns industry
admin, , Business, 0
“We’ve got a very highly skilled, well run food manufacturing sector in this country at the moment which exports...
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Accountancy giant KPMG to recruit more working class staff
admin, , Business, 0
The UK ranks 21st on a global social mobility index, well behind most European countries. It has a high...
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Pensions and benefits will not keep up with cost of living, warns think tank
admin, , Business, 0
It said that, to help these people, the government should consider a long-term change that meant rises in benefits...
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‘I was often the only women in the room, that’s changed’
admin, , Business, 0
Mary O’Connor, acting senior partner at KPMG UK, said: “It’s hard to believe that as recently as 2011, 43%...
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Rishi Sunak’s wife to pay UK tax on overseas income
admin, , Business, 0
“I think the question many people will be asking is whether it was ethical and whether it was right...
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Ocado sales hit as workers return to the office
admin, , Business, 0
Susannah Streeter, senior markets analyst at Hargreaves Lansdown, said: “For now it does appear that some pandemic habits are...
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Travel sector dismay as Portugal faces tougher rules
admin, , Business, 0
On 2 June, there were 5.4 new cases per 100,000 people per day, which was only a touch higher...
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Akshata Murty: Chancellor’s wife could save £280m in UK tax
admin, , Business, 0
Reviewing rules which directly affect the financial arrangements of his own family members seems uncomfortable at best, a direct...
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