UK reports rise in over-50s struggling to pay for necessities

Surge in universal credit claims highlights precarious financial situation of demographic

Increasing numbers of people aged over 50 in the UK do not have enough money to pay for basic necessities, a study of labour market statistics has shown.

Claims for universal credit, which is available only to households with savings of less than £16,000, from the over-50s have more than doubled since March.

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from The Guardian https://ift.tt/3hQo9WQ

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