Financial watchdog ‘stands ready’ to take action over potential Budget leak

A financial watchdog has stated it stands ready to take action regarding a potential Budget leak. This follows concerns that market-sensitive information may have been leaked, potentially leading to an increase in the value of bank shares. The regulator is monitoring the situation closely to determine if any rules were breached. The focus remains on whether the disclosure of sensitive data unfairly influenced market movements prior to the official Budget announcement by the government.