Chancellor Rachel Reeves reluctantly announced the cut of Winter Fuel Payments for many residents, limited to the most vulnerable, aiming to save the government £1.5 billion annually.
The decision to remove Winter Fuel Payments was driven by the £22 billion 'black hole' in public finances inherited by the new government, requiring 'incredibly tough choices' according to Reeves.
#winter-fuel-payments #government-restrictions #pensioners #public-finances #energy-prices #budget-cuts
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