Rachel Reeves will not be investigated over pre-budget briefing, FCA says
Financial watchdog rejects shadow chancellor’s request after accusations Treasury officials deliberately misled reportersTreasury launches inquiry into budget leaks with Reeves’s supportBusiness live – latest updatesFinancial regulators have decided not to immediately investigate Rachel...
<p>Financial watchdog rejects shadow chancellor’s request after accusations Treasury officials deliberately misled reporters</p><ul><li><p><a href="https://www.theguardian.com/uk-news/2025/dec/04/treasury-launches-inquiry-into-budget-leaks-with-full-support-of-rachel-reeves">Treasury launches inquiry into budget leaks with Reeves’s support</a></p></li><li><p><a href="https://www.theguardian.com/business/live/2025/dec/04/uk-energy-network-28bn-upgrade-ofgem-construction-car-sales-stock-markets-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>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.</p><p>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.</p> <a href="https://www.theguardian.com/business/2025/dec/04/rachel-reeves-will-not-be-investigated-over-pre-budget-briefing-fca-says">Continue reading...</a>
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