~RS~q~RS~~RS~z~RS~18~RS~)
Tucker denies role in Libor 'cesspit'
The Deputy Governor of the Bank of England Paul Tucker has compared abuse of the inter-bank lending rates (Libor) to a "cesspit" during evidence to the Treasury Select Committee.
He denied any government minister had encouraged him to "lean on" Barclays or any other bank over Libor and denied any knowledge or part in manipulation of interest rates.
Newsnight's economics editor Paul Mason reports.
Most watched/listened
-
Preacher refuses to 'abhor' attack
-
Video of Woolwich suspect in 2007
-
Met defends Woolwich response time
-
Witness: 'They wanted to get caught'
-
Burning US railroad bridge collapses
-
Second jewel theft at Cannes festival
-
Parents quit Singapore death probe
-
Fourth night of riots in Sweden
-
King wins first female Gershwin prize
-
Mayor condemns 'sickening' attack
-
US showman's unbelievable oddballs
-
Timeline: How Woolwich attack unfolded
-
'Rise' in children abusing children
-
Edward VIII was bugged, files show
-
Woman confronts Woolwich attacker
