MPs Hear Testimony on Financial Information, Relationships Between Journalists, Government

At least one journalist told Members of Parliament this week that he thought that the government gave the media information in order to influence bank share prices. According to Guardian reporter Simon Jenkins, “The government, knowing it was about to acquire large chunks of these banks was, I sense, using the press to force down the share price.” However, other reporters disagreed, saying they did not think their sources had used them or planted information. Read more here.