The report highlights some well known financial pressures on the current government from ageing, poor health and the need for climate investment. But it also notes that fixing these societal problems can hugely boost fiscal sustainability: (2/5)

The takeaway message should be that investing to fix these problems now will cost us a few percentage points of debt/GDP ratio, but not fixing them will cost an order of magnitude more. Failing to invest is incredibly fiscally reckless and irresponsible

That said, there are still many fiscal pressures - like an ageing population (with rising pension bill and adult social care adding almost 2 per cent of GDP pressure by 2053) - that can't be avoided. So we need a conversation about how to fund the welfare state better. (3/5)