‘Eat or heat’: the new dilemma for pensioners

A new report shows that the poorest pensioners face a tough choice and during very cold spells cut their food bills to heat their home. The report from the Institute of Fiscal Studies (IFS) found that all retired households raised their fuel spending during cold spells, by on average 7%. However the report also found that at the same time the poorest pensioners also decreased their spending on fuel. The report comes in the same week that Scottish Power announced above inflation price rises for both gas and electricity. Other utility companies are expected to follow their lead which would have a disproportionate ...