(If you haven't read my first post about the Libor-fixing scandal, you can read it here)
This is the first guilty plea for Libor-manipulation charges in the UK. Two individuals have pleaded guilty this year to similar charges in the U.S.
As Bloomberg reports, this is a significant result for the SFO as it is "still fighting critics for its survival, after some government ministers tried to combine it with other agencies in 2011."
(Original Post) Commercially Aware - The Libor-Fixing Scandal
Bloomberg - U.K. Wins First Guilty Plea From Banker on Libor-Rigging
BBC News - Banker admits Libor fraud conspiracy