City outrage over Peston’s reporting has been voiced by Michael Howard. He has written to the FSA to ask for an investigation into the leaking of intensely market sensitive information to Pesto-Wire. Good.
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UPDATE : During this afternoon’s debate Howard challenged Darling over the Government’s conduct. Darling noticeably did not specifically deny that the Government leaked details of the bail-out plan. Howard has also tabled a PQ asking if the Chancellor of the Exchequer “will initiate an official inquiry into the leaking of market sensitive information to the Economic Editor of the BBC relating to the recapitalisation of Britain’s high street banks”. Fingers are pointing towards Catherine Macleod, Darling’s very own Spin Mistress…
