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.
New evidence uncovered by the BBC implicates the Bank of England in the Libor rate-rigging scandal. To discuss this and more of the day's big macro news stories, Ed Bowsher was joined by Ken Odeluga of City Index.
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.
Co-operative Bank announced that it has received bids from several potential buyers, that are interesting in parts of the bank. Plus, Capital & Counties is looking to sell its venues business that includes Olympia, and use the money to help develop its Earl's Court housing project. Share Radio's Ed Bowsher was joined by Financial Author and Commentator Rodney Hobson.
Trump has launched the first military action of his presidency at a Syrian regime airbase, we discussed what the markets reaction has been. Plus, UK industrial production suffered a contraction in February and the house price growth is at his lowest in nearly four years. For all the major economic news, Share Radio's Ed Bowsher was joined by Alastair McCaig, Director of Investment Management at Fern Wealth.
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.