Banks fined over $2.3bn for rate rigging
The European Commission has fined eight banks for 'shocking' collusion to rig interest rates. We hear what kind of behaviour bankers were engaged in and whether the fines issued really will act as deterrents. Also the BBC's Lucy Burton is in Bucharest reporting on whether Romanians have plans to leave for the European countries which are removing work restrictions from January 1st - a major political issue in Britain in particular. And the iconic American magazine Newsweek will be returning to news-stands only a year after the print edition ceased publication. We speak to Editor-in-Chief, Jim Impoco about the magazine’s reincarnation.