Rishi Sunak picks Richard Hughes for budget watchdog role
by Larry Elliott Economics editor from on (#54BF1)
Boss of left-leaning thinktank who warned about financial risks of Covid-19 earmarked as OBR boss
A thinktank economist who warned the government that it needs to safeguard the country's financial health through the Covid-19 crisis has been earmarked to be the next head of the UK's tax and spending watchdog.
The chancellor, Rishi Sunak, said Richard Hughes - a research associate at the Resolution Foundation - was his preferred candidate to replace Robert Chote when his second five-year term as chairman of the Office for Budget Responsibility ends later this year.
Related: Bank of England faces calls to overhaul 'restrictive' remit
Continue reading...