Labour: new laws needed to tackle financial crime

The Telegraph reports Cooper told the party's conference in Manchester all lenders should play by the same "fair rules". She pointed out no one has yet been arrested for the LIBOR scandal. Cooper said: “Look at the Libor scandal that emerged this summer. It is a multi-billion pound fraud. People were fiddling figures to get rich, while small businesses paid the price. Yet no one has been arrested. "We need an end to the double standards. New action and new laws. People need to be able to invest with confidence knowing everyone is playing by the same fair rules."   Financial Serv...