Reeves Hints at U-Turn on Winter Fuel Cuts for Pensioners

Chancellor of the Exchequer Rachel Reeves hinted she could change course on cuts to energy subsidies for millions of British pensioners, following newspaper reports of a government U-turn on the divisive policy.

After returning to government last summer, Labour’s first major fiscal announcement was a restriction on winter fuel allowance to pensioners who receive certain other state entitlements. Reeves argued at the time that the measure was necessary to fix a £22 billion hole in the public finances that she blamed on the previous Conservative administration.