1m pensioners would hit financial crisis with a £200 bill

Tobias Hase/DPA/Press Association Images

Figures from Age UK have revealed that it would only take a £200 bill to push one million retirees into a financial crisis. For many of them this would mean they have to go into debt to pay the bill, and for others it would mean potentially life-threatening cutbacks.

So why are things on such a knife edge?
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