U.K., Oct. 29 -- UK Parliament issued the following news:
Chair of the Treasury Committee, Dame Meg Hillier, has written to HM Treasury and the Financial Conduct Authority about a potential leak of information on bank taxes in advance of the Chancellor’s Budget.
Letter to HM Treasury
Letter to FCA
The letters refer to an article on Bloomberg entitled “Healey’s Bank Tax Hike to Be Less Severe Than Lenders Feared” which ran at 10:45 and included accurate information about Budget announcements that were made later that day. The story appeared to have an impact on the prices of shares in banks, whose movements were noted in an updated version of the story at 11:03.
Further information
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Image: House of Commons
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