Threads / Fiscal Risks and Sustainability / We asked the Treasury to explain the actions needed to addr…
Committee Material Published 19 Mar 2025 ↗ View on Parliament

We asked the Treasury to explain the actions needed to address the issues that are putting pressure on public finances and risking the sustainability of spending in the long term. The Treasury noted that work was needed on adult social care, driven by the aging population of the UK and the need for prevention of issues rather than just paying for the consequences. It assured us that fiscal sustainability is the foundation of what the Treasury is looking at, and it needs to look at cost driver...

We asked the Treasury to explain the actions needed to address the issues that are putting pressure on public finances and risking the sustainability of spending in the long term. The Treasury noted that work was needed on adult social care, driven by the aging population of the UK and the need for prevention of issues rather than just paying for the consequences. It assured us that fiscal sustainability is the foundation of what the Treasury is looking at, and it needs to look at cost drivers coming up in the future.70 Type: conclusion | Number: 32 | Response status: accepted Government response: 6.1 The government agrees with the Committee’s recommendation. Target implementation date: July 2025 6.2 The WGA is a valuable source of information on government liabilities, providing a comprehensive picture across the whole public sector. There are other similarly valuable sources of information