Finance

Head of UK's OBR quits over early release of budget report

Published by Global Banking and Finance Review

Posted on December 1, 2025

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LONDON, Dec 1 (Reuters) - The head of Britain's fiscal watchdog, Richard Hughes, submitted his resignation on Monday after his agency inadvertently released the details of Rachel Reeves' budget early, according to a letter published on its website.

(Reporting by Muvija M; writing by Kate Holton; Editing by Rachel Armstrong)

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