Overview
- Richard Hughes said a link to the fiscal outlook went live on the OBR website roughly 40 minutes before the budget speech due to a technical error.
- The OBR has launched an investigation that will report to its oversight board, HM Treasury and the Commons Treasury Committee.
- Hughes did not rule out resigning and said he would accept the inquiry’s recommendations, serving only with the confidence of the chancellor and the Treasury Committee.
- Chancellor Rachel Reeves called the leak a serious error but said she still has confidence in the OBR chair.
- The Daily Mirror said it obtained 36 related documents, and MPs warned the disclosure involved market‑sensitive material while recalling the scale of the 1996 budget leak.