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The Guardian - UK
The Guardian - UK
Business
Hilary Osborne

Older UK renters forced to cut back on spending as living costs soar

People looking in window of estate agents
A quarter of renters over 65 say they would not be able to afford a £10-a-month increase in their living costs. Photograph: Linda Nylind/The Guardian

Almost two-thirds of tenants over 65 have cut back on their general spending as a result of the cost of living crisis, and campaigners are warning that older people who do not own their homes are particularly vulnerable to rising bills.

Research shared with Guardian Money by the charity Independent Age puts the spotlight on the struggles of older tenants who are battling to keep up with rising household costs.

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