Spending review will hit pensioners hardest

The research, published today, says over-75s will be hit harder than any other group by the spending review relative to their income. Their loss in public servies is equivalent to a sixth of their household income, the report claims. For the poorest people in this age category, the loss in public services will amount to £2,030 or a third of their household income. The poorest 65-74 year olds will lose the equivalent of 29% of their household income in services. "In such difficult economic times, it would be naïve to assume that older people will be offered immunity from the government...