The Chancellor nominated Richard Hughes to serve a second and final term as Chair of the OBR. Following a reappointment hearing, the Treasury Committee of the House of Commons approved the re-appointment on 15 July 2025, saying that they were ‘satisfied that Richard Hughes has the appropriate professional competence and personal independence to continue in his role, and we consent to his being re-appointed as Chair of the Office for Budget Responsibility. We wish him every success in his continuing role.’
Read the Treasury Select Committee announcement on the Committee’s website