PENSIONERS are facing a grim summer struggling to pay bills and unable to go on holiday because they cannot get travel insurance.
Age Concern has warned that hundreds of elderly Islanders are having difficulty paying bills because plummeting interest rates have slashed their income.
Chairman Daphne Minihane (pictured) says that pensioners who rely on interest on their life savings are in financial turmoil following a dramatic drop in returns on almost all bank accounts.
And to make matters worse, many are finding it impossible to get travel insurance to cover health costs if they fall ill or have an accident while visiting the UK.
