#Latest news with #fiscalwatchdogBloomberg6 days agoBusinessBloombergReeves Nominates UK OBR Chief Richard Hughes for ReappointmentChancellor of the Exchequer Rachel Reeves nominated Richard Hughes to serve a second term as head of the Office for Budget Responsibility, Britain's powerful fiscal watchdog. Hughes will lead the government's official forecaster for a final five-year term with the OBR's projections highly influential to budget plans set by Reeves. Confirmation of his appointment requires the approval of the House of Commons Treasury Committee — a group of backbencher lawmakers.
Bloomberg6 days agoBusinessBloombergReeves Nominates UK OBR Chief Richard Hughes for ReappointmentChancellor of the Exchequer Rachel Reeves nominated Richard Hughes to serve a second term as head of the Office for Budget Responsibility, Britain's powerful fiscal watchdog. Hughes will lead the government's official forecaster for a final five-year term with the OBR's projections highly influential to budget plans set by Reeves. Confirmation of his appointment requires the approval of the House of Commons Treasury Committee — a group of backbencher lawmakers.