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MP demands inquiry amid ‘damning evidence’ that parliament was misled over Libor-rigging

Summary by Ground News
David Davis said a new parliamentary inquiry was required to examine the alleged establishment involvement in manipulation of Libor. Libor and Euribor, its European equivalent, were meant to reflect the rates at which banks could borrow from each other. They were key benchmarks in the financial system that were used as the basis for pricing trillions of pounds worth of products.

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The Times broke the news in London, United Kingdom on Tuesday, May 23, 2023.
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