Energy Secretary Ed Miliband has backed Chancellor Rachel Reeves' initial decision to slash winter fuel payments to over 10 million pensioners, highlighting it as a strategic move to stabilize the economy. Despite the initial withdrawal last year that limited payments to just 1.5 million pensioners, pressure led to a partial reversal, expanding eligibility to nine million this winter. Miliband emphasized that the full implications of funding the £1.25 billion alteration are still being clarified, while maintaining the stance that wealthier pensioners should remain excluded from these payments.
Miliband defended Reeves’ decision, stating it was necessary to stabilize the economy, which allowed for future adjustments to winter fuel payments.
The reversal on winter fuel payments will extend eligibility to 9 million pensioners, enhancing support amid previous criticisms of the initial cuts.
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