OBR defends growth forecast leak as MPs question lack of tariff references in outlook

UK growth expectations slashed to 1%

Sorin Dojan
clock • 3 min read

Richard Hughes, chair of the Office for Budget Responsibility (OBR), has defended the UK forecaster's role in the February leak to Bloomberg, when its growth outlook for the UK was disclosed to the public.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear
UK

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

'Wait and see approach'

Michael Nelson
clock 05 February 2026 • 1 min read
FCA unveils Waterloo station pop-up to warn against investment scams
UK

FCA unveils Waterloo station pop-up to warn against investment scams

Promoting Firm Checker tool

Michael Nelson
clock 30 January 2026 • 1 min read
Renewables Obligation scheme index change 'damages investor confidence'
UK

Renewables Obligation scheme index change 'damages investor confidence'

Switched from RPI to CPI

Michael Nelson
clock 30 January 2026 • 4 min read
Trustpilot