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Erratic driving reported to police on M3 in Surrey

Police are appealing for motorists to come forward following reports of dangerous driving on the M3 in Surrey.

At around 10.30am on Sunday, 2 August officers received a number of reports from motorists regarding a silver vehicle travelling westbound on the M3 between junction 2 (Thorpe) and junction 3 (Lightwater).

Several drivers reported that they had been involved in minor collisions with the car which had then failed to stop. Officers want anyone who was involved or witnessed the driving of any of the vehicles to contact them.

A 39-year-old man from south east London has been arrested on suspicion of driving whilst unfit through drink or drugs and failing to stop at the scene of an accident. He has been released on police bail until October 10 while investigations continue.

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Child cut free from coach crash in Tunbridge Wells

A young boy had to be rescued from a car after it crashed with a coach in Kent.

Fire crews worked to free the child from the collision on East Cliff Road by cutting off the rood and removing it.

Together with paramedics, they managed to safely remove the boy, where he was taken by ambulance to hospital.

Could Brighton Pride 'bomb' have been pin-hole camera?

Police investigating a bomb scare at Brighton's Pride event at the weekend say it could be linked to a similar device - found in the car park of the city's Marina last month.

The annual parade had to be held back for an hour and a half, following the discovery of a suspect package placed near the start of the route in Hove on Saturday.

Today police said they're investigating whether or not the devices were being used as pin-hole cameras to take photos. Andy Dickenson reports.

  1. National

Libor rate-rigging proved costly for a number of banks

Libor rate-rigging was a practice that proved costly for a number of banks when the extent of the scandal emerged in the wake of the 2007 and 2008 financial crisis.

£290m
Barclays was the first bank to be fined over the affair
£940m
was paid by UBS and the US Justice Department filed charges against British trader Tom Hayes
£391m
was the fine for Royal Bank of Scotland
£218m
was the fine levied on Lloyds Banking Group in July 2014 after it admitted rate-rigging

Much of the money paid in fines in the UK has been allocated to charities.

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  1. National

Libor scandal prompted reform of financial markets

In the wake of the Libor rigging scandal, there has been a renewed focus on the practices of the financial markets.

A review in September 2012 found that manipulation of the way Libor was fixed had damaged trust in the financial system and called for urgent reforms.

Dozens of traders have been fired as a result of their alleged involvement in the Libor scandal. Credit: PA

The role of the British Bankers' Association in overseeing Libor was severely criticised and responsibility for it was handed to America's Intercontinental Exchange Benchmark Administration this year.

Rules published in 2013 laid out new requirements for checking banks' submissions and monitoring for suspicious activity by benchmark administrators, as well as the policy on handling conflicts of interest.

In June, Bank of England governor Mark Carney backed plans laid out by the Fair and Effective Markets Review for the lengthening of the maximum sentence for market abuse from seven to 10 years.

'Greedy' Hampshire trader jailed for 14 years

A "greedy" City trader from Fleet has become the first man to be jailed for rigging Libor rates in a scandal that shook financial markets.

Hampshire trader Tom Hayes, 35, was today jailed for 14 years for his role as the "ringmaster" in an enormous fraud to manipulate the benchmark interest rates.

Sentencing him at London's Southwark Crown Court, Mr Justice Cooke said: "What this case has shown is the absence of that integrity which ought to characterise banking.

"You, as a regulated banker, succumbed to temptation in an unregulated activity because you could."

In an audio clip he said "influencing" Libor was "commonplace" and admitted he was a "serial offender".

Firefighter's dad pays tribute to son killed responding to call

A former pupil at Sackville School, East Grinstead, Paul and his younger sister, Poppy, 20, had both distinguished themselves as swimmers Credit: Sussex Police

The family of 23-year-old firefighter Paul Keenor, who died when his car hit a wall near his home in East Grinstead, paid tribute to "an all round brilliant lad".

His father Graham said he had been a much loved member of the community who would do anything for anybody.

Paul was also a talented rugby player and he played regularly at Haywards Heath RUFC.

He leaves two sons, Vincent, aged three, and Charlie, aged 17 months.

"From the age of 10 years old Paul was diagnosed with Type 1 diabetes, but he never let that stand in the way of his sport or his life in general.

"He had established his own business as a builder, employing three other men, and his order book was full well into next year.

"He had a lifelong interest in the fire service, joining the team at Forest Row in 2011, and had overcome his medical difficulties in order to gain a licence to become one of those able to drive the appliance.

"It was typical of him that when his alerter went off on Saturday night his only thought was that someone might be in trouble and he needed to help."

– Mr Keenor, senior
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