UK retirees' spending rockets as younger people spend less

Barriers to older people shopping and working holds economy back, say researchers

Spending sprees by retirees are adding billions to the UK economy, researchers have found, while spending by younger people is falling.

But although some pensioners are indulging themselves, barriers including inaccessible high streets, poorly designed products and age-discriminatory attitudes mean people aged 75 and over are not spending their wealth.