Free bus passes, TV licences and winter fuel for pensioners should be scrapped, in a bid to promote ‘intergenerational fairness’, peers say.

The House of Lords Committee on Intergenerational Fairness and Provision today published a report calling on the Government to take measures to deliver a fairer society by supporting younger people in the housing and employment market, and deliver better in-work training to prepare the country over the next 100 years.

The report entitled, ‘Tackling intergenerational unfairness’ found that the relationship between older and younger generations is being failed because British youth are not properly supported with rewarding jobs and adequate housing.

Meanwhile it says that governments have failed to plan properly for the needs of a larger older population.