FCA pressed to investigate Treasury over Budget briefings

cityam11-29

The FCA has been asked to investigate the Treasury over Budget briefings. The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget ...

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The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget ...</p>\n\n<a href=\"https://www.cityam.com/fca-pressed-to-investigate-treasury-over-budget-briefings/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FCA pressed to investigate Treasury over Budget briefings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFCA pressed to investigate Treasury over Budget briefings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-29 21:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/fca-pressed-to-investigate-treasury-over-budget-briefings/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The FCA has been asked to investigate the Treasury over Budget briefings. The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget ...</p>\n\n<a href=\"https://www.cityam.com/fca-pressed-to-investigate-treasury-over-budget-briefings/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FCA","symbol_name":"First Trust China AlphaDEX Fund","start_time":0,"source_url":"https://www.cityam.com/fca-pressed-to-investigate-treasury-over-budget-briefings/","article_id":"2587653647","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/12/fca-reception-1-scaled-2-1.webp?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/fca-pressed-to-investigate-treasury-over-budget-briefings/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2587653647","pubTimestamp":1764423900,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"The FCA has been asked to investigate the Treasury over Budget briefings. The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget Responsibility and investigate government briefings about a so-called 20bn fiscal hole.Scottish National Party leader Stephen Flynn urged the City regulator to investigate Reeves and other Downing Street officials over “deliberately false and misleading” briefings about public finances.In his letter to the body, Flynn suggested government officials had engaged in “market manipulation” by telling media outlets there was a hole in public finances.His letter came as the Office for Budget Responsibility  revealed that there was no shortfall in public finances at the time of Reeves’ press conference on 4 November strongly hinting that income tax rates would be hiked because costly productivity downgrades had forced her hand to raise revenue.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FCA":"First Trust China AlphaDEX Fund","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","TMF":"3倍做多20年期以上国债ETF-Direxion"},"translate_title":"FCA敦促财政部就预算简报进行调查","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FCA":1.5,"US5Y.BOND":1.5,"US2Y.BOND":1.5,"US7Y.BOND":1.5,"US6M.BOND":1.5,"US30Y.BOND":1.5,"TMF":0.6,"US10Y.BOND":1.5,"US12M.BOND":1.5,"US3Y.BOND":1.5,"TLTW":0.6},"content_text":"The FCA has been asked to investigate the Treasury over Budget briefings. The Financial Conduct Authority has been urged to wade into the row between the Treasury and the Office for Budget Responsibility and investigate government briefings about a so-called £20bn fiscal hole. Scottish National Party leader Stephen Flynn urged the City regulator to investigate Reeves and other Downing Street officials over “deliberately false and misleading” briefings about public finances. In his letter to the body, Flynn suggested government officials had engaged in “market manipulation” by telling media outlets there was a hole in public finances. His letter came as the Office for Budget Responsibility (OBR) revealed that there was no shortfall in public finances at the time of Reeves’ press conference on 4 November strongly hinting that income tax rates would be hiked because costly productivity downgrades had forced her hand to raise revenue. \n\nUsing anonymous Treasury sources, several media reports suggested that there was a £20bn fiscal hole that Reeves was required to fill. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSeveral reports suggested income taxes would be hiked until the Financial Times published a story stating those plans had been ditched a week and a half after the press conference. But OBR chair Richard Hughes revealed that there was no shortfall in the public finances. As of the 31 October, Reeves was set to meet her fiscal rules by £4.2bn.Budget briefings ‘had impact on Bank of England’Flynn’s letter is set to add to concerns that Downing Street officials misled the public after Tory leader Kemi Badenoch accused the Chancellor of lying.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2587653647","isCrawlerRequest":true}