Barclays is in court and the world of business is watching

The judge looking at the Libor claims is saying in court that Barclays management must known customers were being misled.

It is not just small businesses watching this Libor 'swaps' case - if the judge rules in Guardian Care homes favour then it could be possible that more cases could be brought with more products which used Libor- mortgages, cards etc involved.

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Barclays' Libor 'swaps' trial

Barclays is to face a full trial on 'swaps' based on Libor rates. A Wolverhampton-based care home operator will take on the banking giant in a landmark case at the High Court over claims it was mis-sold complex financial products.