Question to the HM Treasury:

To ask Her Majesty's Government what steps they are taking to ensure that the long-term impact on future generations is accounted for in their policy-making processes.

The Government requires that all programmes, projects and policies demonstrate the costs, benefits and risks associated with the intervention over its whole lifetime in line with the Government “Green Book”. This includes the impact on future generations.

The OBR produce both the Fiscal Risk Report and the Fiscal Sustainability Report which highlight the risks to the public finances and demographic trends that are likely to impact the public finances over the next half century. Managing Fiscal Risks, the Government’s response to the report, provides a comprehensive account of the actions the government is taking to address the 57 risks outlined by the OBR.