How might UK fiscal projections be shaped by long term factors (for example climate change and demography)?

Background

Fiscal Policy covers a wide-ranging set of issues at the heart of HM Treasury’s objectives and of fiscal events such as Budgets. Good fiscal policy must ensure the sustainability of the government’s finances, oversee its macroeconomic policy framework, and carry out a stable and efficient financing of government liabilities. HM Treasury’s work in this area includes advising the Chancellor on the appropriate levels of borrowing and debt (as well as broader commitments like guarantees & insurance), providing analysis of the government’s finances and overseeing financing raised for the government by the Debt Management Office and National Savings & Investments.

Next steps

Get in touch with HMTResearch@hmtreasury.gov.uk

Source

This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

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Related UKRI funded projects


  • Supporting fiscal policy decisions in the crisis

    We are going through an economic crisis. The government has responded with an unprecedented policy package, costing many tens of billions of pounds over just a few months - paying for employees to be furloughed, making p...

    Funded by: COVID

    Lead research organisation: Institute for Fiscal Studies

    Why might this be relevant?

    The project directly addresses how UK fiscal projections may be shaped by long term factors such as climate change and demography, providing analysis and expertise to guide policy decisions.