The City watchdog has faced calls to investigate whether the Treasury misled the public over the size of the fiscal repair job Rachel Reeves faced ahead of this week's Budget.In a letter to the Financial Conduct Authority, the Scottish National Party urged the watchdog to look into claims of "deliberately false and misleading" briefings about a £20 billion black hole in the public finances.

The City watchdog has faced calls to investigate whether the Treasury misled the public over the size of the fiscal repair job Rachel Reeves faced ahead of this week's Budget.In a letter to the Financial Conduct Authority, the Scottish National Party urged the watchdog to look into claims of "deliberately false and misleading" briefings about a £20 billion black hole in the public finances.