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Hampshire trader convicted of rigging Libor rates in landmark ruling

A City trader from Hampshire has become the first person to be convicted by a jury of rigging Libor rates in a scandal that shook financial markets.

Tom Hayes, 35, from Fleet was the 'ringmaster' in an enormous fraud to manipulate the benchmark interest rates.

The highly-paid ex-trader at UBS and Citigroup orchestrated a scheme to interfere with the rate in order to boost his own six-figure earnings.

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

He had denied eight counts of conspiracy to defraud covering a period from 2006 to 2010, when he worked for Switzerland's UBS and America's Citigroup.

Hayes stared straight ahead emotionless as the verdicts were read out.


Tributes paid to 'brave and dedicated' fireman killed in crash

East Sussex Fire and Rescue have paid tribute to firefighter Paul Keenor, who died in a crash responding to a 999 call.

It happened on Wall Hill Road, Ashurst Wood as he responded in his own car to his alerter as a result of a 999 call received by the Service.

Chief Fire Officer and CE Des Prichard said: “We are deeply saddened. Paul was a dedicated and lively member of Forest Row Community Fire Station. He was committed and always ready to serve his community. We send our heartfelt sympathies to his family, friends and colleagues at Forest Row. This is an incredibly difficult time for them. We ask that their privacy is respected.”

Paul joined East Sussex Fire and Rescue Service as a Retained Duty System firefighter in June 2011.

“His family must be so proud, knowing that he was a brave, dedicated and professional firefighter and also a very successful and respected builder and business owner. Paul had achieved so much and done more than most people do in a lifetime despite his tender age. The crew at Forest Row have lost a brother and a great friend. Paul’s personality was huge, and his kind nature and brilliant sense of humour will be missed enormously.

Paul was always our go to guy, always there whether you needed a chat a shoulder to cry on. We all looked to him for advice or support at some point. It was often very easy to forget that he was so young because in a lot of ways he was mature past his years. In May of this year Paul passed his incident command assessment allowing him to be in charge of a crew. He only had a chance to do this a few times but he did this to a very high standard as he did with everything he put his mind to. Paul had a bright and long career in front of him.”

– fellow firefighters at Forest Row paid this tribute

Cash boost for Bracknell hedgehog helpers

A charity dedicated to nursing injured hedgehogs has received hundreds of pounds thanks to Bracknell Forest residents.

Hope for Hedgehogs has been awarded £677 to help them care for sick animals until they are ready to be released into the wild.

Hope for Hedgehogs has been awarded the money as one of three local good causes chosen to benefit Credit: Bracknell Forest Council

Amber Glossop, who runs the charity from her home near Chavey Down, said: "I'm really grateful for this fantastic donation. Thanks to everyone who gave their points to Hope for Hedgehogs, you have made a huge difference.

"I will use the money to buy some intensive care equipment - incubators - for the really sick hedgehogs which need emergency treatment."

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London Underground strike to begin on Wednesday

Unions will go ahead with a 24 hour strike at London Underground from 6.30pm on Wednesday in a row over the night Tube, said Aslef.

Credit: PA

Tube services are expected to be "exceptionally busy" between 4.30pm and 6.30pm and there will be no Tube services all day on Thursday.

The DLR, London Overground, tram and TfL Rail services are expected to be much busier than usual during the strike.

The drivers' union accused LU of being "completely inflexible" over terms and conditions for the service, leaving it with "no other choice" than to press ahead with the walkout.

The union said the company should postpone the planned launch of the service on September 12 so that further negotiations could be held.

Aslef officer Finn Brennan said: "We genuinely regret the disruption this will cause, but the blame for this must rest with the pig-headed determination of the mayor to insist on a September 12 launch of night Tube instead of allowing more time for a negotiated settlement to be reached."


Fresh strike as First Great Western staff walk out over new Hitachi trains

he action follows a rock solid 48 hour strike last month which led to widespread disruption to services. Credit: PA

Despite strenuous efforts by our negotiators we have not been able to secure the kind of progress required in the key areas of jobs, services and safety for us to reach an agreement.

“As a result we have no option but to put further action on.

“The fact remains that if it is good enough for East Coast, using the same trains, to meet the very basic assurances sought by this trade union then it is good enough for First Great Western as well.

“We congratulate our members for their rock solid support for the strike action last month and we know that they remain united and determined as we continue with our campaign on these crucial issues. RMT remains available for talks.”

– RMT General Secretary Mick Cash

IPCC to investigate Edward Heath following claims by retired senior officer

The Independent Police Complaints Commission is to investigate allegations concerning Wiltshire Police’s handling of an alleged claim of child sexual abuse made in the 1990s.

It is alleged that a criminal prosecution was not pursued, when a person threatened to expose that Sir Edward Heath may have been involved in child abuse offences.

The IPCC will examine whether Wiltshire Police subsequently took any steps to investigate these claims that were referred by Wiltshire Police following allegations made by a retired senior officer.

Passengers to face delays as FGW strike on bank holiday

Rail workers on First Great Western are to stage a series of strikes, including over the August Bank Holiday weekend, in a row over new trains, the RMT union announced.

Workers are striking over a row to do with new trains Credit: PA

The following services will be affected:

  • 00.01 hours and 23.59 hours on Sunday 23rd August 2015
  • 00.01 hours on Saturday 29th August 2015 and 23.59 hours on Monday 31st August 2015
  • 00.01 hours and 23.59 hours on Saturday 29th August 2015- 00.01 hours and 23.59 hours on Monday 31st August 2015-

The strike is because of a lack of assurances over job protection, the transfer of responsibility for opening the door from guard to driver and the removal of buffet facilities.

Man left with life-threatening injuries in Brighton attack

The attack took place at 4.30am on Sunday on Brighton seafront Credit: PA

A 30-year-old man was attacked and left with potentially life-threatening head injuries on Brighton seafront.

The man was attacked in Bartholomew Square at the rear of the Waterfront Hotel in Kings Road in Brighton and underwent surgery at the Royal Sussex County Hospital.

It's believed it followed an argument with three men who made off in the direction of The Mesmerist pub.

It's not thought the incident was a homophobic attack.

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