Rachel Reeves will not be investigated over pre-budget briefing, FCA says
Financial watchdog rejects claims Treasury officials deliberately misled reporters but leaves door open for follow-up inquiryTreasury launches inquiry into budget leaks with Reeves’s supportBusiness live – latest updatesFinancial regulators have...
By Kiran Stacey and Kalyeena Makortoff · The Guardian World
Financial watchdog rejects claims Treasury officials deliberately misled reporters but leaves door open for follow-up inquiry Treasury launches inquiry into budget leaks with Reeves’s support Business live – latest updates Financial regulators have decided not to immediately investigate Rachel Reeves and the Treasury over pre-budget briefings but left the door open to further examine what the Conservatives claimed amounted to market manipulation. The Financial Conduct Authority released a statement on Thursday saying it had turned down a request by politicians including the shadow chancellor, Mel Stride, to open an inquiry into briefings made before last week’s announcement by the chancellor. Continue reading...