Tuesday 14 September 2010

Britain is no country for poor old men

Britain's 'poor' old men beware - these rich young men, your Prime Minister and Deputy Prime Minister. They love you not.

The Trades Union Congress has spoken out against the Coalition Government's spending cuts with a new study called 'Where The Money Goes'. It states that the UK's poorest 10% will be hit 13 times harder by spending cuts than the richest 10% and will suffer reductions in services equivalent to 20% of their household income, while the richest will lose the equivalent of just 1.5%.

Take the case of the pensioner couple, Eric and Judith who are are 76 and 70, they :

* rent their house in the West Midlands from a housing association.

* get 'pension credit' to help them get by and have no other sources of income.

* are, because of their low household income and reliance on social care and housing provision, especially vulnerable to the cuts, even if they get more credit.

* are to lose the equivalent to 16.2% of their household income, or £1,701 per year by 2012. If they had to make up this spending on care services themselves, it would reduce their household income by over 4%.

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