Rachel Reeves to restore UK winter fuel payments to most pensioners
Chancellor’s U-turn means about 2mn pensioners will lose annual subsidy of up to £300
Chancellor’s U-turn means about 2mn pensioners will lose annual subsidy of up to £300

The UK government must now show it can turn investment into growth

Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses

With each economic shock, it ratchets up the value of state retirement payments relative to average earnings

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Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole

Home Office and Foreign Office among departments facing squeeze in UK chancellor’s spending review