Older people hit hard by recession says report

Added on Mon 17th May 2010 by Admin (Web designer)

A new survey has found that the recession is having a serious impact on older people across Warwickshire, including in the Stratford District.

Undertaken by Warwickshire Citizens Advice Bureaux and Warwickshire Trading Standards Service, it found that not only are they having difficulty in paying for essentials such as gas, electricity and food, they are hit by the hidden costs they incur as parents and grandparents.

Pensioners are particularly vulnerable to rising prices when living on a low fixed income and many rely on income from savings to pay for essential services and utilities at a time when interest rates are at an all-time low. 

Rather than seek help, the older generation are historically more inclined to conceal any financial deprivation they are experiencing from their families and to soldier on.  As a result their problems remain hidden from the community at large.

Some 182 people, aged 60 and over, responded to the survey - 52 from Stratford-upon-Avon CAB,

The report is available from Marilyn Price, Volunteer Social Policy Co-coordinator, Stratford-upon-Avon CAB on 01789 295399 or (JavaScript must be enabled to view this email address)