Jeremy Hunt’s Treasury may have broken law by hiding Budget black hole, says OBR

Treasury officials under Jeremy Hunt failed to report a £9.5 billion spending gap to the Office of Budget Responsibility, which the watchdog chairman Richard Hughes accused of breaking the law during a Budget hearing. This comes after claims by Rachel Reeves that Hunt hid a larger £22 billion gap before the election, raising questions about the actions of Hunt and Treasury permanent secretary James Bowler. The OBR stated that it would have made different spending judgments had it been aware of all available information at Hunt’s last Budget in March, highlighting potential misunderstandings about disclosure laws.

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