Treasury denies breaking law over ‘black hole’ in public finances

Chancellor of the Exchequer Rachel Reeves appearing before the Treasury Select Committee (House of Commons/UK Parliament) - (PA Wire)

The Treasury’s top officials has denied breaking the law over the £22 billion “black hole” Chancellor Rachel Reeves claimed to have found in the public finances.

Permanent secretary James Bowler said changes had been made in the way information is provided to the budget watchdog but insisted there had been no breach of the law ahead of Jeremy Hunt’s final financial statement in March.