The Fiscal Advisory Council has had its Weetabix. In addition to producing its usual pre and post-budget reports and various assessments of forecasts, the Council has over the years been producing better and better, deeper and deeper reports on the long-term fiscal impacts of the things we know will challenge the nation’s finances. In this piece I’m going to summarise the broad thrust of what must be thousands of hours’ work over several years and give you a sense of what the Council is recommending the government consider, ending with the report just published yesterday.  Some context is useful.  The…

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