An inquiry into the role of the UK government's economic forecaster is being launched by a group of MPs, after the body came under intense scrutiny in the run-up ...

Michael RaceBusiness reporterGetty ImagesA senior official at the UK's economic forecaster has said he does not believe the chancellor was being misleading when she said the state of the ...

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 ...

The shock resignation came for a very specific reason, but the OBR saga will continue with a series of decisions the chancellor will have to make over Richard Hughes' ...

Archie MitchellandRachel Clun,Business reportersBBC/House of CommonsRichard Hughes said he took "full responsibility" for the shortcomings identified in the report; Rachel Reeves thanked him for his serviceThe chairman of the ...

Jennifer McKiernan,Political reporter,Paul Seddon,Political reporterandTom Gerken,Technology reporterBBCOBR boss Richard Hughes said he was "mortified" by the early release of Budget detailsThe Office for Budget Responsibility (OBR) has drafted in ...

The OBR assesses the health of the UK's economy. It is independent of government but works closely with the Treasury. Its reports are usually released alongside big government events ...

A new law is set to prevent any future government from sidelining the UK's independent forecaster from assessing its economic plans like former prime minister Liz Truss did for ...