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.
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