One in ten elderly forced to sell or downsize their home to make ends meetStaggering amount of people forced to sell their property to make ends meetBritons are also pushing back the age they expect to retire PUBLISHED: 23:37 GMT, 25 December 2012 | UPDATED: 23:37 GMT, 25 December 2012 One in ten pensioners in Britain has sold or downsized their home to help make ends meet, according to research. Cash-strapped Britons are reassessing their retirement plans because of the state of the economy, according to a survey of 1,000 adults in 12 European countries, which found that more people in this country are planning to use their property to fund their pension than in most other European nations. They are also reconsidering the age at which they will stop working, with an average delay of five years
Britain drops two places in Euro standard of living table as nation falls behind Germany and Austria New figures show the UK slipping down the European league tableBritain now ranked sixth, down from fourth in 2010Families have only 19 days worth of savings if breadwinner loses job | UPDATED: 01:24 GMT, 14 December 2012 Britain has slipped down the European league table on living standards as families continue to feel the pinch of the economic downturn. An in-depth analysis by the EU measured material consumption in 37 European countries, including both private purchases and state spending, to give an accurate measurement of how well off people really are.
Europe's 'lost generation': Unemployment reaches record high with 19 million people out of work across 17 countries Total of 18.7million people out of work across the Eurozone in October – an increase of 173,000 on the previous monthSpain and Greece have the region's highest unemployment rates of more than 25 per cent | UPDATED: 15:38 GMT, 30 November 2012 European unemployment has reached a record high – with almost 19 million out of work across the 17 countries that use the euro. More than 10 per cent of people living in the Eurozone are now unemployed with those under 25 struggling the most to find jobs. Experts said the prospect of a 'lost generation' of young people now looks like an 'alarming possibility'.