Angry European Commission chief Jean-Claude Juncker berated euro MPs who heckled him for looking at his phone during a parliamentary debate today, saying he was texting the Greek prime minister.
... * FTSE closes down 1.6 pct at 6,432.21 points. * Rolls-Royce falls for second day on broker downgrades. * Mining shares under pressure as metal prices fall.
However, the first quarter like-for-like trading was an improvement on the same period a year earlier. It also beat the consensus of analysts' forecasts, which was for a 1 per cent fall.
Tom Hayes admitted he asked colleagues at UBS as well as traders and brokers at other firms to help him rig Libor rates, but insisted that his managers were fully aware of what he was doing.
An information screen displays the FTSE 100 at the London Stock Exchange. New rules to hold City workers accountable for their actions are being drawn up.