To his colleagues, Tom Hayes was Tommy Chocolate – so called because he preferred cocoa to alcohol when out drinking with City friends. In court, Hayes, 35, who has a wife and child, complained he was being portrayed as “the Jesse James of Libor, the Bobby Dazzler of Libor”. At the end of his trial, the former trader was confirmed not only to have been a “ga […]
The Serious Fraud Office investigation into the firm chaired by former Conservative party leader Lord Howard of Lympne is expected to include payments it made to the Somali government as part of its unorthodox oil deal with the war-torn country.
The Government is under growing pressure to abandon plans to construct the UK’s first nuclear reactor for more than 20 years, after a damning report into the viability of the project by financial analysts was swiftly followed by data showing that the legal bill has already exceeded £1 million.