The Office for Budget Responsibility (OBR) has published its 2025 Fiscal Risk and Sustainability (FRS) report, marking another important milestone in how the UK assesses the resilience of its public finances. It is encouraging to see a growing focus on long-term sustainability and risk awareness but much of what we’re seeing now is not new. […]

The unmitigated impact of climate change is recognised as an existential threat to us all. Once in a generation weather events such as floods, increasing desertification, heat waves and wildfires are all becoming shockingly common place and the scale of devastation ever greater. Globally, jurisdictions recognise the impact of carbon emissions and the need to […]