💨 Abstract

Rachel Reeves, the Chancellor, faced severe backlash for attempting to cut winter fuel payments for most pensioners but later reversed this decision, now allowing 9 million to keep the benefit. The initial move cost her politically; Labour traced electoral setbacks to this decision. The u-turn, though saving only £450m, caused significant political damage. The government remains unclear on how to fund the reversal, raising fears of more tax increases.

Courtesy: www.thesun.co.uk