Was the Budget leaked? Treasury says an investigation is underway

WorldBusiness & Finance
10 Nov 2026 • 11:45 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Was the Budget leaked? Treasury says an investigation is underway

  • Britain's Government Security Group has launched an investigation into a potential leak of Autumn Budget measures that could have affected financial markets.
  • The probe follows a Bloomberg article published on 28 October that contained accurate details regarding planned changes to bank corporation tax.
  • Treasury Committee chair Dame Meg Hillier voiced concerns that market-sensitive bank information was circulating in newsrooms before Parliament was informed.
  • Treasury Permanent Secretary James Bowler said no banks or trade bodies were briefed ahead of the Budget, insisting strict confidentiality rules were maintained.
  • Chancellor John Healey could face questions regarding the potential leak during an appearance before the Treasury Committee on Wednesday.

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