Richard Hughes quits as UK budget watchdog chief after early leak of Rachel Reeves' budget details
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Firstpost•02/12/2025
Richard Hughes quits as UK budget watchdog chief after early leak of Rachel Reeves' budget details
- •Richard Hughes resigns as head of UK's fiscal watchdog.
- •Hughes steps down after premature release of budget details.
- •Internal investigation blames IT weaknesses and leadership failures.
- •OBR pledges system upgrades to prevent future incidents.
- •Resignation follows strained ties between Treasury and OBR.
Why it matters: This affects trust in UK budget processes and impacts public confidence in fiscal oversight.
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