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The Independent UK

Business

Christopher McKeon

Calls to investigate claims Treasury misled the public

Stephen Flynn Budget Rachel Reeves SNP FCA Westminster

The City watchdog is facing calls to investigate whether the Treasury misled the public regarding the scale of the fiscal challenge ahead of this week’s Budget.

The Scottish National Party (SNP) has urged the Financial Conduct Authority (FCA) to examine claims of "deliberately false and misleading" briefings concerning a purported £20 billion "black hole" in the public finances.

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