FINANCE

Newham to appeal LIBOR loan ruling

Newham LBC has been granted permission to appeal after a bid to sue Barclays over loans was rejected by a High Court judge.

Newham LBC has been granted permission to appeal after a bid to sue Barclays over loans was rejected by a High Court judge.

The London borough was among eight councils that claimed lender option borrower option loans, taken out between September 2006 and November 2008, were ‘tainted' by the LIBOR rigging scandal.

Martin Ford

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