Search

Shopping cart

Saved articles

You have not yet added any article to your bookmarks!

Browse articles
Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Economy will have to be 'strong enough' for U-turn on winter fuel, business secretary tells Sky News

The economy will have to be "strong enough" for the government to U-turn on winter fuel payment cuts, the business secretary has said.

Jonathan Reynolds, talking to Beth Rigby on the Electoral Dysfunction podcast, also said the public would have to "wait for the actual budget" to make an announcement on it. You can listen to the full interview on tomorrow's Electoral Dysfunction podcast.

Sir Keir Starmer said on Wednesday he would ease the cut to the winter fuel payment, which has been removed from more than 10 million pensioners this winter after it became means-tested. He and his ministers had insisted they would stick to their guns on the policy, even just hours before Sir Keir revealed his change of heart at Prime Minister's Questions.

But Mr Reynolds revealed there is more at play to be able to change the policy. "The economy has got to be strong enough to give you the capacity to make the kind of decisions people want us to see," he said.

"We want people to know we're listening. "All the prime minister has said is 'look, he's listening, he's aware of it.

"He wants a strong economy to be able to deliver for people. "You'd have to wait for the actual budget to do that." Read more:Gordon Brown suggests people on top income tax rate should be excluded from winter fuel Chancellor Rachel Reeves has committed to just one major fiscal event a year, meaning just one annual budget in the autumn.

Autumn budgets normally take place in October, with the last one at the end of the month. If this year's budget is around the same date it will leave little time for the extra winter fuel payments to be made as they are paid between November and December..

Prev Article
Tech Innovations Reshaping the Retail Landscape: AI Payments
Next Article
The Rise of AI-Powered Personal Assistants: How They Manage

Related to this topic:

Comments

By - Tnews 22 May 2025 5 Mins Read
Email : 442

Related Post