Tom Hayes: Winning Supreme Court challenge is an incredible feeling
On Wednesday the Supreme Court quashed the convictions of former Citigroup and UBS trader Tom Hayes.
In 2015 he was found guilty of multiple counts of conspiracy to defraud over manipulating the London Inter-Bank Offered Rate (Libor) between 2006 and 2010.
Speaking after his convictions were overturned, Mr Hayes, who arrived at court wearing a Kenny Rogers The Gambler t-shirt, said he was not 'bitter' about his experience.
He told a press conference: 'I always believed that it would happen. I always had confidence it would happen.'
Mr Hayes added: 'This wasn't a gamble for me. My trial judge called me a gambler.
'So I decided today I would wear a T-shirt, a Kenny Rogers Gambler T-shirt.'
Mr Hayes added: 'I'm really very grateful to the Supreme Court. We've had a consistent set of decisions from every other tribunal, and they were all to lose, and I got asked at my last appeal how I felt after we lost, and I said: 'Well, ask me when we've won.'
'Because I knew how it feels to lose, and today I'm learning how it feels to have won, and it's an incredible feeling.'
He added that going to prison, losing all his money, and missing out on five years of his son's life has taught him not to value 'things'.
Mr Hayes also said he became a Christian in prison, where he used to have the 'angry test, because the people who were angry, were innocent, because they were so annoyed about and frustrated with the miscarriage of justice they'd gone through'.
He said: 'I'm a better person today than when I went into prison. My faith really helps me overcome a lot of the anger to see myself through that sentence.
'I had a lot of stuff. Money enables you to buy more stuff and more stuff on top of that and your goal is to require more stuff again.
'But when all your stuff is taken away from you, and then your liberty is taken away from you, and your dignity gets taken away from you, and your family gets taken away from you and your children get taken away from you, what are you left with, and do you miss the stuff?
'When I got to my open prison, being able to walk on the grass barefoot and see the stars in the sky was such an amazing thing.
'Going on a train, crossing the road, and then when I got released after five-and-a-half years into Covid, walking around Regent's Park in the snow and hearing a lion's roar, those were just amazing things for me, it was so powerful.
'I've really learned what you should value in your life as a result of what's happened to me. I'm not chasing stuff anymore.'
Mr Hayes said he did not know what he would do next, but that suddenly the 'vista of freedom and choice' had opened up to him, and he would like to go and live near a large body of water.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
10 minutes ago
- Yahoo
Full fibre broadband rollout begins in Woolston to boost speeds
Work is now under way on a full fibre broadband network that will transform connectivity. Openreach has begun building the new infrastructure in Woolston, promising gigabit-capable speeds and improved reliability for homes and businesses. The upgrade will enable faster streaming, smoother video calls, and better support for growing data needs across multiple devices. Martin Williams, Openreach partnership director for Hampshire, said: "We're bringing full fibre broadband to Woolston and letting local people know what to expect. Crews use existing ducts to speed up fibre installation process (Image: Openreach)READ MORE: AI phone assistant reduces cataract wait times "This is a major infrastructure upgrade, so there will be more engineering teams, equipment and vans around town, and we're working hard to keep disruption to a minimum." He added that most of the work will use existing ducts and poles to reduce roadworks and avoid installing new street furniture. However, Martin warned that in some areas, new underground ducts, fibre cables, or poles may still be needed to ensure all properties are included in the upgrade.
Yahoo
15 minutes ago
- Yahoo
President Trump Might Have Been Caught 'Cheating' During Golf Round
President Trump Might Have Been Caught 'Cheating' During Golf Round originally appeared on The Spun. Was the President of the United States caught "cheating" at golf over the weekend? President Trump, 79, is playing at his golf course in Scotland, Trump Turnberry, this weekend. The President of the United States played 18 holes on Saturday and another 18 holes on Sunday. However, was he caught cheating during the round? Legendary sports writer Rick Reilly says that President Trump is an avid cheater at golf. 'I've always said golf is like bicycle shorts. It reveals a lot about a guy,' Reilly said about Trump's golf game. 'And what it reveals about this guy is that he cannot lose. He has to win and he will do anything to cheat.' "And I know because I played golf with him and he took seven mulligans. He took a 'give me chip-in.' I've never even heard of a 'give me chip-in,'" he added. President Trump has won a lot of club championships over the years. But Reilly isn't buying it. 'What he does [is] he just calls in and goes, 'I usually beat that guy, give me the trophy,'' Reilly alleged. 'And I know this because when I play with him, he goes, 'You know what I do to win these championships, don't ya?' and I go, 'Please tell me. Give it to me.' And he goes, 'Anytime I buy a new course, I play the first round all by myself and then I declare myself the club champion,'' Reilly continued. 'So that's what kind of guy this is.' This weekend, video has surfaced, showing President Trump's caddie dropping a ball in the rough, seeming to give him a better approach shot. What do you make of this? "Trump working hard to bring down grocery prices," one fan joked on social media. Was President Trump cheating during his round or just taking a drop from his caddie? Sound off below. President Trump Might Have Been Caught 'Cheating' During Golf Round first appeared on The Spun on Jul 27, 2025 This story was originally reported by The Spun on Jul 27, 2025, where it first appeared.
Yahoo
41 minutes ago
- Yahoo
At Least 3 Dead, Dozens More Injured After Train Derails — and Officials Now Wonder If Rain Played a Part in the Tragedy
Approximately 50 people were injured, with 25 sustaining serious injuries At least three people have died and multiple others are injured after a train carrying around 100 passengers derailed. According to reports from the Associated Press, the AFP and local outlet DW, a regional express train traveling in the German state of Baden-Wüerttemberg partially derailed in a forest area at around 6:10 p.m. local time on Sunday, July 27. The train was headed to Ulm, a German city, when the incident occurred in Riedlingen, a town of about 11,000 people, the outlets reported. Approximately 50 people were injured, with 25 sustaining serious injuries, per the outlets, which cited a regional district fire chief. In a statement to PEOPLE, a spokesperson for German train operator Deutsche Bahn confirmed "several fatalities and many injuries." The company added that the train carriages derailed "for reasons that are still unclear." Authorities are currently investigating the circumstances surrounding the accident, the representative told PEOPLE. "We therefore ask for your understanding that we cannot comment on further details at this time," the company spokesperson added. Storms passed through the area before the accident, and investigators are now looking into whether rain could have been a factor in the derailment. German media reported that a landslide stemming from the severe storms may have even caused the accident, the AFP reported. "There have been heavy rains here, so it cannot be ruled out that the heavy rain and a related landslide accident may have been the cause," Thomas Strobl, the interior minister of Baden- Württenberg, said, per the AP. "However, this is currently the subject of ongoing investigations." German media reported that helicopters arrived at the scene shortly after the accident to transport the injured to nearby hospitals. Florian Gebhard, the head of trauma surgery at Ulm University Hospital, where the injured were taken, told German state broadcaster SWR that many involved in the crash "were under shock," per DW. "The injuries [were] of varying severity. Most of them suffered injuries to their extremities, spinal injuries and head injuries," the hospital worker added. Photos taken at the scene of the accident show yellow and gray train cars lying on their sides as firefighters and emergency personnel work to remove passengers. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Train service has been suspended for the line, Deutsche Bahn told PEOPLE. German Chancellor Friedrich Merz commented on the derailment in a post on X, writing that he was working with local officials to support rescue efforts. "The train accident in the Biberach district shocks me," Merz wrote in German. "I am in close contact with the Interior Minister and the Transport Minister and have asked them to support the rescue forces with all available means." "We mourn the victims. I express my condolences to their relatives," he added. Read the original article on People
