Hedge funds eavesdrop on Bank of England briefings bbc.com
Traders may have had early access to market-sensitive information from Bank press conferences.
An audio feed of the Bank of England's press conferences was leaked to hedge funds before they were broadcast, the Bank has admitted.
The Bank said one of its suppliers had "misused" the feed, which is there as a fall-back in case the video broadcast fails.
It meant traders had access to the words of Mark Carney and his officials between five and eight seconds early.
voters
Report Story
Leave Your Comment