Weekly shopping for OAPs costs less than a night out

Based on figures from the Office of National Statistics, Virgin Money say pensioners in the 1.2 million households who depend on state pension benefits for at least three-quarters of their income, spend on average just £20.73 a week on food and non-alcoholic drinks. This is compared to the weekly amount of £27.41 spent at bars and restaurants by the average worker. The research also reveals pensioners also cut down on other goods and services, spending just over £130 a week on everything from food to fuel, and from clothing to health. Virgin Money claim the Government is hoping the simp...