Labour Cuts Winter Fuel Payment: Millions of Pensioners Set to Lose Amid Rising Energy Costs

August 21, 2024
Labour Cuts Winter Fuel Payment: Millions of Pensioners Set to Lose Amid Rising Energy Costs
  • Chancellor Rachel Reeves has announced a decision aimed at addressing a reported £22 billion shortfall in public finances, which Labour claims was concealed during the previous Conservative government's tenure.

  • As part of this effort, the Labour government plans to limit the Winter Fuel Payment to only those receiving Pension Credit or other means-tested support, which will significantly affect millions of older people.

  • Estimates indicate that the number of pensioners eligible for the Winter Fuel Payment will plummet from 11.4 million to just 1.5 million due to this policy change.

  • This withdrawal of the Winter Fuel Payment comes at a time when pensioners are facing rising energy costs, with average bills expected to increase by £150 annually.

  • Critics, including Age UK, warn that many vulnerable pensioners will struggle to afford heating this winter, potentially impacting their health and well-being.

  • Age UK estimates that at least 2 million pensioners will be significantly impacted by the cuts, particularly those with low incomes or high energy needs.

  • Experts have highlighted that many older individuals who are not on Pension Credit but still face high energy costs will be adversely affected by the means-testing policy.

  • Government representatives assert their commitment to pensioners, emphasizing the importance of targeting support to those most in need amid challenging economic conditions.

  • Baroness Ros Altmann argues that preventing pensioners from heating their homes could lead to increased health risks and higher costs for the NHS if they require medical attention.

  • Labour's decision has sparked calls for transparency, with Shadow Chief Secretary Laura Trott urging the publication of an internal impact assessment.

  • Support for reversing the decision to cut the £300 Winter Fuel Payment has been voiced by Baroness Ros Altmann, who backs the Daily Express campaign.

Summary based on 1 source


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