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%.
