The Guardian

OBR chair quits after inquiry into early release of Reeves’s budget


Richard Hughes departs after investigation into how official forecaster accidentally published budget 40 minutes early

Richard Hughes, the chair of the Office for Budget Responsibility, has quit after the findings of an urgent inquiry by the watchdog into how it inadvertently published Rachel Reeves’s budget 40 minutes early.

Hughes wrote to the chancellor and Meg Hillier, the Labour chair of the Treasury select committee, on Monday saying he took “full responsibility [for] the shortcomings identified in this report”.

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Source link : https://www.theguardian.com/business/2025/dec/01/obr-chair-inquiry-early-release-rachel-reeves-budget-richard-hughes

Author : Peter Walkerand Kiran Stacey

Publish date : 2025-12-01 17:39:00

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Tags : The Guardian