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Charity Age UK warns elderly may die without help to pay energy bills

Age UK today urged Rishi Sunak and Liz Truss to commit to firm action as old age people issues have been absent from their pitches. Both have been told: “Knowing you are on their side in this way would mean a great deal to our older population,” the Express reported.
It comes just two days after the Daily Express launched its Give Them a Voice campaign demanding pensioners are properly represented at the top table of government with the Cabinet appointment of an Older People’s Minister.
There are now some 13 million UK retirees.
A poll of 14,021 over-65s for the charity showed the restoration of the pension triple lock and assistance with rising bills were priorities for 57 percent. A further 25 percent said action on the NHS and social care was their main concern.
Age UK’s charity director Caroline Abrahams said: “Substantial numbers are struggling financially already, but if the economic forecasts are accurate many more pensioners will be plunged into serious trouble come the autumn and winter, including some who until very recently believed their position to be totally secure.

“With the benefit of all they have seen and experienced through their long lives, older people know that this is an extraordinary situation, unlike anything before.
They are telling us that they expect the Government of the day to take it with the same seriousness they do, and to bring forward measures to protect them in response.
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It shouldn’t be too much to expect, even at a time when the governing party is involved in a leadership contest to select our new prime minister.”
She said: “If this doesn’t happen our sincere belief is that we could see unprecedented numbers of older people dying of cold in their own homes, something we would never say lightly and that is incredibly shocking in the 21st century.”
The charity has been flooded with heartbreaking accounts of daily struggle with one saying: “So many people in old age are left without any support, both financially and physically. One the biggest worries is having to pay for care, either in a home or at home, you do the best you can."
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"Recently my husband came out of hospital at 9pm. No-one asked if I could manage at 87 or did we need assistance."
“I did manage but it is becoming more and more difficult, particularly when our family lives miles away. I pay for cleaning but there is much more to do than just this. We are the forgotten group.”
Another said: “I have morphed into a full-time carer for my 80-year-old wife. I find very little support out there for people like us who are able to manage but not live a life. We manage daily, but I am fearful and anxious for the future unless the elderly are given the support they (may) need.”
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Age UK has urged each candidate, former Chancellor Mr Sunak, 42, who took the decision to suspend the triple lock, and Foreign Secretary Ms Truss, 47, to make a “clear and unequivocal public statement” about their commitment to restoring safeguard.
It also urged them to guarantee the basic state pension will rise by a minimum of either 2.5 percent, the rate of inflation or average earnings growth, whichever is greatest, and giving emergency support with energy bills to see those on low incomes through autumn and winter.
Energy bills for a typical household could hit £4,266 next year. This equates to 45 percent of the current state pension.
75,000 Britons pledge to stop paying energy bills due to rising prices
At £185.15 a week the UK state pension is the lowest in Europe. However, it is the largest source of income for most older people and, on average, pensioners receive less than £9,000 a year.
Due to the suspension of the triple lock it rose by just 3.1 percent this year. Meanwhile, CPI inflation is currently at 9.4 percent and expected to rise further.
Source: express
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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