Richard Hughes

In this discussion, Richard Hughes, Head of the Office for Budget Responsibility, shares insights on the potential economic fallout from Donald Trump's tariffs. He evaluates the influence of the OBR on government policies and how it might hinder growth, while Rachel Reeves' fiscal 'headroom' could quickly diminish. Their conversation dives into the unpredictable nature of economic forecasting amid global constraints, the pressing need for sustainable investment, and the implications for the UK’s fiscal health.