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flag UK launches inquiry into OBR after forecast leak and chair's resignation.

flag The UK Treasury Committee has launched a parliamentary inquiry into the Office for Budget Responsibility (OBR) following the resignation of chair Richard Hughes after an unauthorized early release of its economic forecast. flag The review will assess the OBR’s independence, accuracy, transparency, and influence on fiscal policy over its first 15 years, amid concerns about leaks ahead of Budget announcements and disputes with Chancellor Rachel Reeves. flag The inquiry aims to evaluate whether structural or procedural reforms are needed to strengthen the watchdog’s credibility and effectiveness.

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