‘OBR chief resigns’ and ‘Reeves clings on’

02/12/2025 UK News Leave a comment 4 Views

The Financial Times leads with the news of the Office for Budget Responsibility chair’s resignation after its early Budget leak. Richard Hughes’s departure follows a review that found “the same failures had allowed early access to the Spring Statement” and left concerns that “other Budgets could also have been compromised”.

"OBR chief resigns after review blames Budget leak on regulator's leadership" reads the headline on the front page of the Financial Times. — The Financial Times leads with the news of the Office for Budget Responsibility chair’s resignation after its early Budget leak. Richard Hughes’s departure follows a review that found “the same failures had allowed early access to the Spring Statement” and left concerns that “other Budgets could also have been compromised”.

For The Daily Telegraph, it is “Reeves clings on as OBR chief silenced”. Richard Hughes will not now appear in front of a Treasury committee after his resignation, “sparing Ms Reeves further criticism when she is already under pressure to resign”. In further Budget news, council houses worth more than £2m will not face the new property tax introduced by the Chancellor, it reports.

"Reeves clings on as OBR chief silenced" reads the headline on the front page of The Daily Telegraph. — For The Daily Telegraph, it is “Reeves clings on as OBR chief silenced”. Richard Hughes will not now appear in front of a Treasury committee after his resignation, “sparing Ms Reeves further criticism when she is already under pressure to resign”. In further Budget news, council houses worth more than £2m will not face the new property tax introduced by the Chancellor, it reports.

The i Paper also runs the exit of the OBR chair in its top slot, though says he was “forced out after contradicting Chancellor”. Relations between the financial watchdog and the Treasury were at an “all-time low” after Richard Hughes chose to publish a timeline it says challenged Reeves’s claims about “difficulties she faced balancing the books”.

"OBR chief forced out after contradicting Chancellor over Budget black hole" reads the headline on the front page of The i Paper. — The i Paper also runs the exit of the OBR chair in its top slot, though says he was “forced out after contradicting Chancellor”. Relations between the financial watchdog and the Treasury were at an “all-time low” after Richard Hughes chose to publish a timeline it says challenged Reeves’s claims about “difficulties she faced balancing the books”.

The headline in the Times says the the OBR chair stepping down came after he was “publicly rebuked” by the prime minister. A review of the Budget’s early release found it was the “worst failure” in the office’s history. Singer Kylie Minogue is splashed across the front wearing Jonathan Anderson to the Fashion Awards, where the designer won the top award.

"OBR boss quits after PM's budget leak rebuke" reads the headline on the front page of The Times. — The headline in the Times says the the OBR chair stepping down came after he was “publicly rebuked” by the prime minister. A review of the Budget’s early release found it was the “worst failure” in the office’s history. Singer Kylie Minogue is splashed across the front wearing Jonathan Anderson to the Fashion Awards, where the designer won the top award.

The Guardian says Richard Hughes took “full responsibility” for the Budget leak as he exited the OBR, while Sir Keir Starmer “notably failed to express confidence in the senior economist”. Labour MP Tulip Siddiq is also pictured on the front page after being been sentenced to two years of jail in Bangladesh after being put on trial in her absence over corruption allegations. She said the process had been “flawed and farcical from the beginning to the end”.

"OBR chair quits after inquiry into early release of budget document" reads the headline on the front page of The Guardian. — The Guardian says Richard Hughes took “full responsibility” for the Budget leak as he exited the OBR, while Sir Keir Starmer “notably failed to express confidence in the senior economist”. Labour MP Tulip Siddiq is also pictured on the front page after being been sentenced to two years of jail in Bangladesh after being put on trial in her absence over corruption allegations. She said the process had been “flawed and farcical from the beginning to the end”.

The Daily Mail calls Ex-OBR chair Richard Hughes “the fall guy for Reeves’ Budget lies”, saying the government has “no shame”. It writes that Hughes “exposed the truth about her financial ‘black hole’,” referring to the funding gap she had indicated she needed to fill.

"The fall guy for Reeves' Budget lies" reads the headline on the front page of the Daily Mail. — The Daily Mail calls Ex-OBR chair Richard Hughes “the fall guy for Reeves’ Budget lies”, saying the government has “no shame”. It writes that Hughes “exposed the truth about her financial ‘black hole’,” referring to the funding gap she had indicated she needed to fill.

The Independent also leads on the “Budget black hole” but with a denial from Sir Keir Starmer that “we didn’t mislead anyone” over it. Now, the “Labour briefings row” – over what Rachel Reeves and Sir Keir discussed with ministers about the improved OBR forecast – “deepens”, says the Indy.

"Starmer: We didn't mislead anyone on Budget black hole" reads the headline on the front page of The Independent. — The Independent also leads on the “Budget black hole” but with a denial from Sir Keir Starmer that “we didn’t mislead anyone” over it. Now, the “Labour briefings row” – over what Rachel Reeves and Sir Keir discussed with ministers about the improved OBR forecast – “deepens”, says the Indy.

The Daily Express focuses on a speech the prime minister gave on Monday where he referenced the impact of Brexit on the UK economy. Sir Keir Starmer made “vows to appease Brussels as he scrambled to defend his under-fire Chancellor” it says.

"Now PM admits seeking 'closer' links to EU" reads the headline on the front page of the Daily Express. — The Daily Express focuses on a speech the prime minister gave on Monday where he referenced the impact of Brexit on the UK economy. Sir Keir Starmer made “vows to appease Brussels as he scrambled to defend his under-fire Chancellor” it says.

The Daily Mirror calls for “justice for the lost victims” of the Post Office Horizon scandal. Police could now bring corporate manslaughter charges in cases where staff took their own lives after being accused of theft due to a faulty IT system, the Mirror reports.

"Justice for the lost victims" reads the headline on the front page of the Daily Mirror. — The Daily Mirror calls for “justice for the lost victims” of the Post Office Horizon scandal. Police could now bring corporate manslaughter charges in cases where staff took their own lives after being accused of theft due to a faulty IT system, the Mirror reports.

The Sun says a former England and Premier League football player has been arrested over an allegation of attempted rape. The paper says the man, who it reports played for England in the 2010s, has been bailed pending further inquiries after being arrested at Stansted airport following an allegation from an ex-partner.

"England star in 'rape' arrest" reads the headline on the front page of The Sun. — The Sun says a former England and Premier League football player has been arrested over an allegation of attempted rape. The paper says the man, who it reports played for England in the 2010s, has been bailed pending further inquiries after being arrested at Stansted airport following an allegation from an ex-partner.

There are “tears for cheers” for “humble hero” Kevin Sinfield, writes the Daily Star. The former Rugby league player – currently on an ultramarathon challenge – has raised more than £10m for motor neurone disease, the paper says.

"Tears for cheers" reads the headline on the front page of the Daily Star. — There are “tears for cheers” for “humble hero” Kevin Sinfield, writes the Daily Star. The former Rugby league player – currently on an ultramarathon challenge – has raised more than £10m for motor neurone disease, the paper says.

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