BoE Also Needs to Answer for Libor Scandal: Author

3:30 AM ET Wed, 4 July 2012

"There are serious questions that have to be asked also of the Bank of England which is of course not there today to give its side of the story, but what this is turning into is a Battle Royale between not just Barclays but 20 banks and Britain's Central Bank," Dan Conaghan, author 'The Bank Inside the Bank of England', told CNBC.