LONDON, May 30 (Reuters) - British finance minister Rachel Reeves said on Friday that she had nominated the chair of the Office for Budget Responsibility Richard Hughes to serve a second five-year term.

The OBR prepares twice yearly forecasts of British economic growth and public borrowing and assesses whether Reeves is on track to meet her budget goals.

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Hughes' reappointment is subject to approval by the House of Commons' Treasury Committee.

https://www.reuters.com/world/uk/uk-finance-minister-nominates-budget-watchdog-chief-second-term-2025-05-30/