Newspaper Round Up: 2nd of December 2025

Financial Times Front Page 2nd of December 2025

OBR chair Richard Hughes has quit after a review concluded a Budget leak resulted from failings in the watchdog’s leadership, with a similar error at the Spring Statement. The episode heightens tension with the Treasury as ministers consider tightening OBR protocols.

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Independent Front Page 2nd of December 2025

The PM insisted no one was misled about a Budget shortfall, defending the chancellor against claims she failed to disclose OBR data showing stronger tax receipts before announcing £26bn of rises. He said the fiscal plan remains credible.

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