Head of UK budget watchdog says he wants to serve second term

LONDON (Reuters) – The chair of Britain’s Office for Budget Responsibility, Richard Hughes, said on Tuesday that he had asked to serve a second five-year term heading the body that produces independent growth and borrowing forecasts for the government.

“I’ve written to the chancellor, to the effect that I’d be interested to serve a second and final term, earlier this year,” Hughes told the House of Commons’ Treasury Committee.

Finance minister Rachel Reeves had not yet replied to his request, Hughes added.

Hughes’ term expires in October.

(Reporting by David Milliken, editing by Andy Bruce)