Account

The Actual News

Just the Facts, from multiple news sources.

Older Londoners 'losing sleep over money worries'

Older Londoners 'losing sleep over money worries'

Summary

Older people in London face financial difficulties, leading to anxiety and sleep loss. A report by Age UK London highlights their struggles with rising living costs and digital exclusion.

Key Facts

  • Age UK London found many older Londoners anxious about money, affecting their sleep and sense of isolation.
  • One-third (38%) are worried about energy debt due to unpaid bills.
  • The government's change to Winter Fuel Payments eligibility has impacted older people without enough benefits.
  • Some older Londoners sold personal items like jewelry to cover expenses.
  • Many struggle to afford home repairs and maintenance, delaying necessary work.
  • Digital exclusion means some can't easily find better prices or deals online.
  • The study shows financial worries stop many older people from engaging in social and leisure activities.
  • Some older Londoners are working past retirement age to manage financial pressures.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.