British pensioners face poverty, the same level as that found in Lithuania

The number of pensioners living in poverty in Britain is among the highest in Europe with the over-65s in poorer countries, including Romania and Poland faring better, official figures have shown.

Almost a third of British pensioners face poverty, the same level as that found in Lithuania, according to European Union statistics. Pensioner poverty in Britain is more than a third higher than the European average. With many pensioners suffering from the dramatic slump in davings interest following the collapse of interest rates.

Read the full report in the Telegraph using the link below