Cost of living for expat pensioners in EU rises twice as fast as in UK

UK citizens living in European countries are likely to have to pay twice as much for their cost of living as UK-based counterparts according to an extensive new survey published today. New data from Equiniti, an international technology-led services and payments specialist that manages the payments of over 60,000 UK expat pensioners, said in a statement that it has found that that those who retired to Europe have seen their cost of living increase by 14% due to currency shifts since May 2015 - almost double the rate of inflation in the UK (7%). Since the date of the UK general electio...