New evidence suggests the Bank of England may have been involved in the Libor rigging scandal.
A secret recording from 2008 uncovered by the BBC suggests that the UK's central bank pressured commercial banks to push Libor rates down during the Financial Crisis.
Libor is the rate at which banks lend to each other, setting a benchmark for mortgages and loans for ordinary customers.
In one section of the recording, Senior Barclays manager Mark Dearlove speaks to Libor submitter Peter Johnson, telling him: "The bottom line is you're going to absolutely hate this... but we've had some very serious pressure from the UK government and the Bank of England about pushing our Libors lower."
Ed Bowsher was joined by Chris Justham of 7IM.
With less than two weeks remaining before the French Presidential Election, the race has become a four-way contest, with the far-left candidate Jean-Luc Mélenchon overtaking the conservative Francois Fillon in the latest polls.
Independent Emmanuel Macron and National Front Leader Marine Le Pen are still in the lead in the polls, both with 24%, but who will win in the end?
For her thoughts, Ed Bowsher was joined by Aarti Shankar, Policy Analyst at Open Europe.
Jeremy Corbyn has pledged to increase the national living wage to £10 an hour within the first months of a Labour government, a rise that would benefit nearly 6 million workers. But is it enough to sway voters in the next general election? For this and more of the day's political news, Ed Bowsher was joined by Robert Colvile, Editor of CapX.
Welcome to the This is Money Show on Share Radio, brought to you in partnership with NS&I. It’s the start of a new financial year and with it a number of new tax changes and price hikes. Taking an Easter themed look through what all this means for the pound in your pocket Georgie Frost is joined by Personal Finance Editor Rachel Rickard Straus and Consumer Affairs Editor Lee Boyce. Plus we put the biggest retailers to the test with the annual Easter taste test.
Trump has launched a missile attack against a Syrian airbase following the use of chemical weapons by President Assad's regime in Syria. Share Radio's Ed Bowsher spoke to Scott Lucas, Professor of American Politics at the University of Birmingham and Founder of the EA Worldview blog.
Cabinet Eurosceptics reportedly backed Theresa May's softer approach to Brexit, supporting the idea of a transition period after April 2019. And, Bank of England Governor Mark Carney said that the City must not be cut off from the rest of Europe, advising against protectionism in financial markets. Asa Bennet, Assistant Comment Editor at the Telegraph, joined us for the latest political news.
Donald Trump has removed his former campaign manager Steve Bannon from the White House National Security Council, following criticism from foreign policy experts and Capitol Hill. To discuss this, Share Radio's Ed Bowsher was joined by Professor Robert Singh, Department of Politics at Birkbeck, University of London.
Theresa May has launched the Tory local election campaign today, saying that there are no 'no go areas' where Tories can't win. She is set to meet EU Council Chief Donald Tusk for Brexit talks later today. Rachel Cunliffe, Writer & Deputy Editor of Reaction, joined Share Radio's Ed Bowsher for all the latest political news.
Ratings agency S&P has cut South Africa's credit rating to 'junk' status following President Zuma's move to fire finance minister Pravin Gordhan. For the latest developments, Ed Bowsher was joined by Chris Bishop, managing editor of Forbes Africa.
The House of Commons Brexit committee says that Theresa May's claim that 'no deal is better than a bad deal' is 'unsubstantiated'.
However, the committee's verdict wasn't unanimous, only 11 of the 17 committee members supported the report.
For this and more on the latest political news, Ed Bowsher was joined by John Rentoul, Chief Political Commentator at The Independent.