The Standard: TfL slammed for reveali...


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The Standard: TfL slammed for revealing Government bailout details early in ‘breach of faith’ as row rumbles on

The most senior civil servant at the Department for Transport has rebuked Transport for London for “a breach of good faith” over the premature disclosure of its latest £1.8 billion bailout from the taxpayer.

Shaun Bailey has sent a letter to Regulatory Complaints at the London Stock Exchange asking it to investigate what he claimed was “a clear breach of the Market Abuse Regulation. “The information had the potential to significantly affect the price of TfL securities,” he wrote.

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Published by Kerry Halfpenny on behalf of Shaun Bailey, both of 4 Matthew Parker Street, London, SW1H 9HQ

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