Fiscal-risks-and-sustainability-report-July-2025.pdf https://share.google/6UVV1lAxKGpfoSca7
152 pages of how fucked our economic landscape is looking from the OBR. I haven't got the stomach for it and too lazy to read it so this is chatgpt's 100 word summary ...
The UK’s public finances face acute risks from soaring debt (94 % of GDP), costly pensions driven by the “triple‑lock,” climate change, and volatile bonds. A possible 3 °C global temperature rise could shrink GDP by ~8 % by the 2070s and increase debt by another 74 % of GDP . Fiscal headroom is minimal, with the Chancellor potentially needing over £20 bn in tax rises or spending cuts this autumn . Transitioning to net‑zero may cost ~£800 bn by 2050, whereas a warmer world could escalate public debt beyond 270 % of GDP . The report underscores the urgent need for structural fiscal reforms.
Tldr..
No money now, no money for later 😬