Barclays loses attempt to stop Libor 'swaps' trial

Sam Coates, Banking Editor at The Times, has been at the High Court today:

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Judge calls Barclays arguments "shadow boxing" and used "wholly artificial" at points. Now bank will be asked to name who knew what on Libor

From @SamCoatesTimes on Twitter:

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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.