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City watchdog ‘stands ready’ to act on bank windfall tax Budget leak

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Evening Standard
Financial watchdog ‘stands ready’ to take action over potential Budget leak
It follows concerns a potential leak of market-sensitive information may have led to bank shares increasing in value.
3 Nov, 14:16
Centre
(1)
City AM
City watchdog ‘stands ready’ to act on bank windfall tax Budget leak
The boss of the Financial Conduct Authority has said he is prepared to investigate a potential leak of market-sensitive information that sparked a rally in bank shares hours before John Healey’s maiden Budget. In a letter to the Treasury Committee, Nikhil Rathi vowed to engage with Treasury and Cabinet Office officials over how the details [...]
3 Nov, 16:31
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