BBC to air recording that implicates Bank of England in Libor scandal

``BBC1's Panorama programme said it had obtained a recording of a 2008 call between two bankers at Barclays in which the more senior person said the government and Bank of England were exerting pressure on it to lower the rate it offered for Libor -- the London interbank offered rate, which is the interest rate banks charge each other for short-term loans... Labour's shadow chancellor, John McDonnell, called for a new investigation on the back of the broadcaster's report.''