News-News.Zip

News in English (USA) / 09.06.2025 / 14:00

Major U-Turn on Winter Fuel Payments for Pensioners

In a significant policy shift, more than 75% of pensioners are set to receive winter fuel payments this year, following an announcement by Rachel Reeves who confirmed a major U-turn on previous cuts to the program. The eligibility threshold for these payments will rise to £35,000, allowing millions more pensioners to benefit from the scheme. Approximately nine million pensioners will now qualify, with the government pledging an extension of the winter fuel payments amidst pressures regarding support for the elderly. However, confusion remains about qualifying criteria, with concerns highlighted regarding potential taxation implications for pensioners. The Chancellor expressed that the decision to restore these payments aims to address previous missteps and improve support for vulnerable populations as winter approaches.
BBC, The Guardian, Bloomberg.com, "Barrons", Financial Times, The Independent, Sky News, ITVX, North Edinburgh News, the-independent.com