FCA chief: No allegations of Budget leak market abuse so far

Today's (16 December) meeting began by addressing the errant publication on 26 November of much of the contents of the Budget by the Office for Budget Responsibility (OBR) before the Chancellor delivered it. Treasury Committee chair Meg Hillier said the committee had major concerns about the leak, and asked Rathi to update her on its response as the session began. Hillier called on the watchdog to investigate the handling of information pre-Budget last week, and whether it amounted to market abuse as the Conservatives had alleged in the House of Commons as the OBR error played out, wh...