The Papers: ‘OBR chief resigns’ and ‘Reeves clings on’

The Papers: ‘OBR chief resigns’ and ‘Reeves clings on’

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UK POOL

Most of the papers focus on Monday’s resignation of the head of the Office for Budget Responsibility, or as the Daily Mail describes him, “the fall guy” for the chancellor’s “Budget lies”.

Sources tell the i Paper that Richard Hughes could have survived the OBR’s accidental leak, but his relationship with the Treasury had “tanked” after he “undermined” Rachel Reeves’ position on the state of the public finances. According to the Times, the pair were “barely on speaking terms” in the lead up to his resignation, a period described by the Financial Times as “a moment of high tension”.

Ministers are hoping, the Guardian says, that Mr Hughes’ departure will “draw a line” under what it calls the “chaos” surrounding the Budget. But the paper says Ms Reeves “remains under pressure”. The D
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