Treasury officials under Jeremy Hunt “broke the law” by failing to report a black hole in the public finances to the Office of Budget Responsibility (OBR), MPs have been told. Richard Hughes, chair of the watchdog, made the accusation to the Commons Treasury select committee during a hearing on the Budget.
The intervention comes amid a row over claims made by Rachel Reeves that Mr Hunt failed to disclose a £22bn spending gap ahead of the election. The OBR has since suggested that the real figure was £9.5bn – but that it nevertheless made a difference to its own calculations.
Mr Hunt has denied the existence of a black hole in the public finances, but the OBR’s position raises questions about his actions, and those of permanent secretary to the Treasury James Bowler. Mr Hughes suggested to MPs on the Treasury Committee yesterday that there may have been a “misunderstanding” about the law that governs disclosures.
Denne historien er fra November 06, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 06, 2024-utgaven av The Independent.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Last thing I saw was that half of Syria was liberated'
Former Olympic swimmer Yusra Mardini speaks candidly to Jack Rathborn about her country's future after the dramatic removal of the dictator Bashar al-Assad earlier this month
The 30 medal sports legend you may not have heard of
A Paralympic veteran, Sarah Storey tells Luke Baker why we struggle to celebrate para-athletes doing incredible things
Haaland's spot-kick sums up limp and lifeless City
So, no Christmas miracle for the man christened Josep. Instead, his new normal continued.
Gakpo emerges as Reds' latest game-changing star
Liverpool are accustomed to singing about walking through the storm.
Labour won't kill the British pub - but some will still die
The institution is safe for the time being but Budget tax hikes will affect those that are already struggling
China greenlight 'world's biggest' hydro dam in Tibet.despite flooding concerns
China has approved the construction of the world's largest hydropower dam on the eastern rim of the Tibetan plateau despite protests over its ecological impact and concerns it could affect millions of people downstream in India and Bangladesh.
Asia marks 20 years since.tragic Boxing Day tsunami
One of world's worst natural disasters claimed 228.000 lives
Israel confirms attacks on Houthi targets in Yemen
Israel's military has confirmed that it struck multiple targets linked to the Iran-aligned Houthi movement in Yemen yesterday, including Sanaa International Airport and three ports along the western coast.
Syria's rebels planned years ahead for life after Assad
Hayat Tahrir al-Sham commanders talk to Bel Trew about the planning and military innovations that brought them victory
Moscow 'foiled' multiple Ukraine assassination plots
Russia has claimed it has foiled several Ukrainian plots to assassinate senior officers and their families using bombs disguised as power banks or document folders.
