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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Gas price rise: US boss holds crisis gas talks with UK
admin, , Business, 0
Last week, CF Industries, the UK’s biggest CO2 producer, stopped production at its Teesside and Cheshire fertiliser plants “due...
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Everyone got duped by Sam Bankman-Fried’s big gamble
admin, , Business, 0
The tweet was, as discussed, net bad. Billions gushed out of the platform in less than five days. When...
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EasyJet ‘hanging by a thread’, says union official
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Image copyright Getty Images An airline union official says he believes that EasyJet is “hanging by a thread”. In...
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People are worried that AI will take everyone’s jobs. We’ve been here before.
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Even those who agreed that jobs will come back in “the long run” were concerned that “displaced wage-earners must...
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Fujitsu boss: We let society down over Post Office role
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During the hearing on Friday, Mr Patterson, who joined Fujitsu in 2010 and is now director of the firm’s...
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‘I’ve no idea when I’ll be told what shifts I have’
admin, , Business, 0
It also found that full-time workers being paid less than the £9.50 an hour real living wage were particularly...
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UK house prices fall at sharpest rate for 14 years, says Nationwide
admin, , Business, 0
Robert Gardner, chief economist at Nationwide, said: “A prospective buyer, earning the average wage and looking to buy the...
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P&O Ferries preparing to restart Dover-Calais route
admin, , Business, 0
Another P&O Ferries vessel, the European Causeway – which runs between Larne and Cairnryan – failed an MCA Port...
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