UK. British pensioners in Europe struggle to make ends meet, committee told
Retired Britons in Europe are not sipping prosecco on a warm terrace but are struggling to make ends meet and fear further poverty because of Brexit, a parliamentary committee has been told.
Jeremy Morgan QC said retirees in the EU living exclusively or almost exclusively on British pensions have already suffered a decrease in their income because of the depreciation in sterling since the referendum.
They were hit by a second blow last month when the government revealed it would not give a lifetime guarantee to index-link their pensions if the UK crashed out of the EU without a deal.
“There is real hardship. The impression sometimes given by the tabloid press is that everyone on pension age living in the EU is supping prosecco on a terrace in Tuscany or something like that.
Read more @The Guardian
