Age Concern's response to inflation figures
Age Concern's Director General‚ Gordon Lishman‚ said:
"Despite the fall announced today‚ inflation rates remain high and are higher still for many of the poorest and oldest pensioners. Recent steep hikes in energy costs have hit the poorest pensioners particularly hard‚ and declining wholesale prices have yet to be passed on to the consumer. Our research shows that over half of pensioners are cutting back on essentials‚ and one in ten of the poorest have gone into debt as a result of increased living costs.
“Measures to tackle the economic crisis announced in the Government’s Pre-Budget Report must help pensioners who are struggling to pay their bills. It is only fair that Pension Credit should be increased by the real rate of inflation for low-income pensioners. We also want an emergency payment of £100 for those pensioners entitled to benefits and a further increase of £50 to the Winter Fuel Payment to help all pensioners afford their bills."
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