Winter for boomers
Jul 30, 11:17 AM
Rachel Reeves wakes to mixed headlines today after she announced a range of spending cuts to part fill a £22 billion ‘shortfall’ in public spending for this year alone.
The most controversial move by Reeves on Monday was her decision to axe the winter fuel benefit for pensioners not eligible for benefits. That saves £1.5 billion but has already been blasted by Martin Lewis and Age UK as a blunt measure that will hurt those on modest pensions who struggle to make ends meet.
Is there more hard medicine to come? Katy Balls speaks to Kate Andrews and John McTernan, former political secretary to Tony Blair.
The most controversial move by Reeves on Monday was her decision to axe the winter fuel benefit for pensioners not eligible for benefits. That saves £1.5 billion but has already been blasted by Martin Lewis and Age UK as a blunt measure that will hurt those on modest pensions who struggle to make ends meet.
Is there more hard medicine to come? Katy Balls speaks to Kate Andrews and John McTernan, former political secretary to Tony Blair.