Young people will suffer most from UK’s ageing population, Lords say

House of Lords report says tools such as raising pension age and increasing immigration will not be adequate

Young people will suffer most from the government’s failure to take seriously the unsustainable pressure on public finances and living standards created by the UK’s ageing population, according to the findings of a House of Lords inquiry.

The report, Preparing for an Ageing Society, by the economic affairs committee, also found successive governments’ inaction on adult social care “remains a scandal”.