Lords motion to take note of the second report of the Economic Affairs Committee on Preparing for an Ageing Society (HL 236 2024-26). Agreed to on question.

Lords motion to take note of the second report of the Economic Affairs Committee on Preparing for an Ageing Society (HL 236 2024-26). Agreed to on question.

My Lords, it is a great privilege and pleasure to introduce this report on behalf of the Economic Affairs Select Committee of the House in place of our former chair, my noble friend Lord Wood of Anfield. He has, as the Salvationists would say in the 19th century on the...

My Lords, it is a great privilege and pleasure to introduce this report on behalf of the Economic Affairs Select Committee of the House in place of our former chair, my noble friend Lord Wood of Anfield. He has, as the Salvationists would say in the 19th century on the...

My Lords, I begin by thanking the noble Lord, Lord Wood, for his outstanding chairmanship. I have already paid tribute to him at Question Time, and I do so very happily again today, because his job was brilliantly done. It is a pleasure to follow the noble Lord, Lord Liddle,...

My Lords, I begin by thanking the noble Lord, Lord Wood, for his outstanding chairmanship. I have already paid tribute to him at Question Time, and I do so very happily again today, because his job was brilliantly done. It is a pleasure to follow the noble Lord, Lord Liddle,...

My Lords, I would also like to thank the noble Lord, Lord Liddle, for outlining the conclusions of the committee’s report so well, and thank the noble Lord, Lord Wood of Anfield, for chairing the committee during this investigation. He has now gone on to greater things and I hope...

My Lords, I would also like to thank the noble Lord, Lord Liddle, for outlining the conclusions of the committee’s report so well, and thank the noble Lord, Lord Wood of Anfield, for chairing the committee during this investigation. He has now gone on to greater things and I hope...

My Lords, I am grateful for the opportunity to speak on this important issue, and I thank the Economic Affairs Committee for its thorough and timely report. As we consider the prospect of a society where the people of older age vastly outnumber younger people, it is vital that we...

My Lords, I am grateful for the opportunity to speak on this important issue, and I thank the Economic Affairs Committee for its thorough and timely report. As we consider the prospect of a society where the people of older age vastly outnumber younger people, it is vital that we...

My Lords, the report we are discussing was completed before I joined the Economic Affairs Committee. Therefore, I need feel no embarrassment in congratulating the committee on its work. It is prescient, timely and, to put it bluntly, a stark warning to this and future Governments that they will ignore...

My Lords, the report we are discussing was completed before I joined the Economic Affairs Committee. Therefore, I need feel no embarrassment in congratulating the committee on its work. It is prescient, timely and, to put it bluntly, a stark warning to this and future Governments that they will ignore...

My Lords, I shall do my best. I also warmly congratulate the committee. Many of the speeches already made have set out the situation, demography and all the rest of it. The United Nations has described population ageing as

“a defining global trend of our time”.

The changes taking place here and...

My Lords, I shall do my best. I also warmly congratulate the committee. Many of the speeches already made have set out the situation, demography and all the rest of it. The United Nations has described population ageing as

“a defining global trend of our time”.

The changes taking place here and...

My Lords, as a member of the committee which produced this report, I join others in congratulating the noble Lord, Lord Wood,

putting on record my thanks for his outstanding chairing and my thanks to the committee staff.

I want to emphasise one of the major conclusions, which the noble Lord,...

My Lords, as a member of the committee which produced this report, I join others in congratulating the noble Lord, Lord Wood,

putting on record my thanks for his outstanding chairing and my thanks to the committee staff.

I want to emphasise one of the major conclusions, which the noble Lord,...

My Lords, I thank my noble friend Lord Liddle for securing this debate and for his brilliant opening speech. Having written and campaigned on declining birth rates since 2009, I will focus my remarks on the fertility aspect of this challenge.

Last year, we had the lowest birth rate since 1977....

My Lords, I thank my noble friend Lord Liddle for securing this debate and for his brilliant opening speech. Having written and campaigned on declining birth rates since 2009, I will focus my remarks on the fertility aspect of this challenge.

Last year, we had the lowest birth rate since 1977....

My Lords, I was happy to support previous Conservative Governments in implementing the triple lock, and I support the current Government in honouring their promise. This has been a useful policy in reducing pensioner poverty.

As one of the Members of this House probably keenest to control public spending, I am...

My Lords, I was happy to support previous Conservative Governments in implementing the triple lock, and I support the current Government in honouring their promise. This has been a useful policy in reducing pensioner poverty.

As one of the Members of this House probably keenest to control public spending, I am...

My Lords, we have two related debates in successive weeks. Next week we will debate the issue of long-term debt and, this week, we are addressing one of its main drivers: an ageing population. The main elements of this are well known. Older people are putting less into the Exchequer...

My Lords, we have two related debates in successive weeks. Next week we will debate the issue of long-term debt and, this week, we are addressing one of its main drivers: an ageing population. The main elements of this are well known. Older people are putting less into the Exchequer...

My Lords, I welcome the Economic Affairs Committee report. I was of course a member of the committee, as can be seen. Most Members will know that you do not necessarily agree with everything in a report when you sign off on it but, in fact, on rereading it, I...

My Lords, I welcome the Economic Affairs Committee report. I was of course a member of the committee, as can be seen. Most Members will know that you do not necessarily agree with everything in a report when you sign off on it but, in fact, on rereading it, I...

My Lords, in the time available I will make just two suggestions—I hope to keep within the three minutes by doing so. The first I can dispose of very quickly: it is to add my voice to those of others who have urged getting rid of the triple lock. This...

My Lords, in the time available I will make just two suggestions—I hope to keep within the three minutes by doing so. The first I can dispose of very quickly: it is to add my voice to those of others who have urged getting rid of the triple lock. This...

My Lords, I join other noble Lords in thanking the noble Lord, Lord Liddle, for the thoughtful way in which he introduced this important report. I declare my own interests as chairman of the Office for Strategic Coordination of Health Research. This is not the first report of a Select...

My Lords, I join other noble Lords in thanking the noble Lord, Lord Liddle, for the thoughtful way in which he introduced this important report. I declare my own interests as chairman of the Office for Strategic Coordination of Health Research. This is not the first report of a Select...

My Lords, ageing problems begin during childhood and are incubated by poor government policies. A June 2026 paper in Nature Human Behaviour noted that consequences of poverty, inequality and discrimination accelerate biological ageing from a very young age. Adults enduring childhood economic deprivation age at a significantly accelerated biological pace,...

My Lords, ageing problems begin during childhood and are incubated by poor government policies. A June 2026 paper in Nature Human Behaviour noted that consequences of poverty, inequality and discrimination accelerate biological ageing from a very young age. Adults enduring childhood economic deprivation age at a significantly accelerated biological pace,...

My Lords, I am grateful to the Economic Affairs Committee for this report. It reminds us that an ageing society is not simply about older people, it is about how we structure our whole lives and how that may need to change in future. I will touch on two points;...

My Lords, I am grateful to the Economic Affairs Committee for this report. It reminds us that an ageing society is not simply about older people, it is about how we structure our whole lives and how that may need to change in future. I will touch on two points;...

My Lords, I congratulate the committee on some first-rate analysis. An ageing population has been long foreseen and long debated. Very occasionally, Governments have taken action. I recall working on the reforms to SERPS introduced by my noble friend Lord Fowler in the 1980s. But for the most part, Governments...

My Lords, I congratulate the committee on some first-rate analysis. An ageing population has been long foreseen and long debated. Very occasionally, Governments have taken action. I recall working on the reforms to SERPS introduced by my noble friend Lord Fowler in the 1980s. But for the most part, Governments...

My Lords, I congratulate the Economic Affairs Committee on its excellent report. One passage particularly struck me: paragraph 40, where, in discussing the implications of an ageing society, Richard Hughes of the OBR highlighted the pressures that demographic change will place on the public finances.

Those pressures are real, and they...

My Lords, I congratulate the Economic Affairs Committee on its excellent report. One passage particularly struck me: paragraph 40, where, in discussing the implications of an ageing society, Richard Hughes of the OBR highlighted the pressures that demographic change will place on the public finances.

Those pressures are real, and they...

My Lords, a strong theme in this excellent report is the importance of people aged over 50 remaining in the workforce—the other NEETs—and the challenge in the report is clear. Perhaps I can make the Minister one specific Budget representation on this issue. At the moment, people with pension savings...

My Lords, a strong theme in this excellent report is the importance of people aged over 50 remaining in the workforce—the other NEETs—and the challenge in the report is clear. Perhaps I can make the Minister one specific Budget representation on this issue. At the moment, people with pension savings...

My Lords, my comments on this excellent report concern a missing ingredient and omission from it: the role played by housing policies in preparation for demographic change. I am not seeking to make the case for private and public investment in more manageable, accessible, right-sizer accommodation that enhances health and...

My Lords, my comments on this excellent report concern a missing ingredient and omission from it: the role played by housing policies in preparation for demographic change. I am not seeking to make the case for private and public investment in more manageable, accessible, right-sizer accommodation that enhances health and...