What is the main topic?

The resignation of Richard Hughes, head of the UK's fiscal watchdog, following the premature release of a budget report.

Why did Richard Hughes resign?

He resigned due to the inadvertent early release of Rachel Reeves' budget report by the OBR.

The OBR, or Office for Budget Responsibility, is the UK's fiscal watchdog responsible for economic forecasting and analysis.

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

Finance

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

Published by Global Banking & Finance Review®

Posted on December 1, 2025

1 min read

Last updated: January 20, 2026

Head of UK's OBR quits over early release of budget report - Finance news and analysis from Global Banking & Finance Review

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

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UK OBR Chief Resigns Over Premature Budget Report Release

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