BREAKING: Reeves Announces Winter Fuel U-Turn
Reeves has just announced:
- Every pensioner earning less than £35,000 will receive the winter fuel payment this winter.
- Decision will cost £1.25 billion.
- 9 million pensioners covered.
- More than three-quarters of pensioners in England and Wales will now be entitled to the winter fuel payment.
- “The costs will be accounted for at the Budget and incorporated into the next OBR forecast… to ensure the government’s non-negotiable fiscal rules are met. This will not lead to permanent additional borrowing.”
Stay tuned for how Labour will fill that black hole. Coming this autumn from the people who brought you “£40 Billion In Tax Hikes,” it’s: ‘Reeves Budget Two’…