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Pre-Budget Report
02 December 2004
This report presents an overview of the key socio-economic trends that will affect Britain’s society and economy over the coming decades, and how these might impact on the public finances. One of the most important trends is the ageing of the population. Based on a comprehensive assessment, the report finds that the UK’s long-term fiscal position remains sustainable despite a more rapidly ageing population. In addition, the report concludes that the UK is in a strong position relative to many other developed countries to deal with the fiscal challenges of the future.
Long-term public finance report: an analysis of fiscal sustainability document is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
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