Surge in universal credit claims highlights precarious financial situation of demographicIncreasing 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. Continue reading…
Via: UK reports rise in over-50s struggling to pay for necessities

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