Chancellor insists cut in winter fuel allowance ‘stands’

ODN

Despite reported pressure from within the Labour Party, Chancellor Rachel Reeves insists the cut in winter fuel allowance for most pensioners “stands”, to “stabilise the public finances”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00I do recognise the challenges that people continue to face with the cost of living.

00:05We have increased the basic state pension, the new state pension, by up to £470 just last month.

00:12That's a policy that the Conservative Party no longer commit to,

00:16but the Labour Party, this Labour government, absolutely recognise that we need to continue increasing the pensions that people are paid.

00:25So I do recognise the challenges that people face, but that policy stands because it was necessary to stabilise the public finances.

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