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Bankers in London and New York are accused of illegally fixing rates between them, to extract millions of dollars in profit. And, after months of investigation, the regulators' on both sides of the Atlantic are stepping in this month. They are expected to impose tough fines with the possibility of criminal prosecutions to follow. What really was going on? We hear from Philip Augur, a former investment banker and now the author of a series of books on the UK banking industry.

Also we get a taste of Caribbean rum, with a report on the industry from Kingston, Jamaica. Plus, Lucy Kellaway argues why manicures should never, ever be used as a recruiting tool.