Monday, 01 December, 2025

Suggestions

London, UK
Monday, December 1, 2025 5:53 PM
overcast clouds 11.5°C
Condition: Overcast clouds
Humidity: 91%
Wind Speed: 27.8 km/h
Login
Subscribe

Suggestions

OBR chief resigns after Rachel Reeves Budget leak fiasco

by 01/12/2025
1 min read

Richard Hughes has resigned as chair of the Office for Budget Responsibility after the financial watchdog accidentally leaked Rachel Reeves’ Budget before the Chancellor delivered it to MPs.

He said: “By implementing the recommendations in this report, I am certain the OBR can quickly regain and restore the confidence and esteem that it has earned through 15 years of rigorous, independent, economic analysis.

“But I also need to play my part in enabling the organisation that I have loved leading for the past five years to quickly move on from this regrettable incident.

“I have, therefore, decided it is in the best interest of the OBR for me to resign as its chair and take full responsibility to the shortcomings identified in the report.”

MORE TO FOLLOW…

TRENDING
Stories
Videos
Your Say

LATEST DEVELOPMENTS

Please write at least 4 paragraphs

Unlock More

Subscribe to receive your complimentary login credentials and unlock full access to all features and stories from Lord’s Press.

As a journal of record, Lord’s Press remains freely accessible—thanks to the enduring support of our distinguished partners and patrons. Subscribing ensures uninterrupted access to our archives, special reports, and exclusive notices.

LP Staff Writers

Writers at Lord’s Press come from a range of professional backgrounds, including history, diplomacy, heraldry, and public administration. Many publish anonymously or under initials—a practice that reflects the publication’s long-standing emphasis on discretion and editorial objectivity. While they bring expertise in European nobility, protocol, and archival research, their role is not to opine, but to document. Their focus remains on accuracy, historical integrity, and the preservation of events and individuals whose significance might otherwise go unrecorded.

Categories

Follow

    Newsletter

    Subscribe to receive your complimentary login credentials and unlock full access to all features and stories from Lord’s Press.

    As a journal of record, Lord’s Press remains freely accessible—thanks to the enduring support of our distinguished partners and patrons. Subscribing ensures uninterrupted access to our archives, special reports, and exclusive notices.

    LP is free thanks to our Sponsors
    Powered by  GDPR Cookie Compliance
    Privacy Overview

    Privacy & Cookie Notice

    This website uses cookies to enhance your browsing experience and to help us understand how our content is accessed and used. Cookies are small text files stored in your browser that allow us to recognise your device upon return, retain your preferences, and gather anonymised usage statistics to improve site performance.

    Under EU General Data Protection Regulation (GDPR), we process this data based on your consent. You will be prompted to accept or customise your cookie preferences when you first visit our site.

    You may adjust or withdraw your consent at any time via the cookie settings link in the website footer. For more information on how we handle your data, please refer to our full Privacy Policy