"It is the duty of the Office to examine and report on the sustainability of the public finances"
Our latest report on Fiscal risks and sustainability (FRS) will be published on Tuesday 8 July. It will be launched at a press conference in Liverpool. The 2025 FRS report will focus on three current pressures on the public finances and provide an update on the risk register: Climate change, where we will update our estimates of…
We have released additional information on the methodology and assumptions underlying our migration analysis in our 2024 Fiscal risks and sustainability report (FRS). We have published this new supplementary forecast information below and on the September 2024 FRS page.
Since the publication of our September 2024 Fiscal risks and sustainability (FRS) report, we have received a request for further detail on our long-term fiscal projections. We have published this new supplementary forecast information below and on the September 2024 FRS page.
Richard Hughes distils the key messages from our latest Fiscal risks and sustainability report in his press conference presentation and accompanying speaking note. Watch back on YouTube here:
Based on current policy and the latest demographic projections, public debt is projected to almost triple from under 100 per cent of GDP to over 270 per cent of GDP over the next 50 years. The estimated damage to the economy and public finances from a changing climate could add between 20 and 30 per…
Our latest report on Fiscal risks and sustainability (FRS) will be published on Thursday 12 September. The 2024 FRS report will focus on three areas: Climate change, where we will explore the potential fiscal costs of damage from a changing climate, supplementing our 2021 analysis of the fiscal cost of getting to net zero. Health,…
This has been postponed in light of the announcement of a General Election on Thursday 4 July. Our latest report on Fiscal risks and sustainability (FRS) will be published on Tuesday 2 July. The 2024 FRS report will focus on three current pressures on the public finances: Climate change, where we will explore the potential…
Since the publication of our July 2023 Fiscal risks and sustainability (FRS) report, we have received a request for further detail on our long-term fiscal projections. We have published this new supplementary forecast information below and on the July 2023 FRS page.
Richard Hughes distils the key messages from our latest Fiscal risks and sustainability report in his press conference presentation and accompanying speaking note.
In the few years since the ‘once in a century’ shock caused by a global pandemic, rising health-related economic inactivity from 2020, energy prices from 2021 and interest rates from 2022 have placed further pressure on an already-challenging outlook for the public finances – pushing public debt above 100 per cent of GDP and the…