City traders cleared of rigging interest rates

Two city traders jailed for rigging interest rates have had their convictions quashed. Tom Hayes and Carlo Palombo had been sentenced over the manipulation of the benchmark interest rate known as "Libor". Sky's Business and Economics Correspondent, Gurpreet Narwan, reports. Read more on the Sky News website: https://news.sky.com/story/traders-jailed-for-interest-rate-rigging-have-convictions-overturned-13400511 #Crime #UKCrime #UKNews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales