Reeves' winter fuel payments U-turn: Will UK government raise taxes?
Will the UK government raise taxes to pay for Rachel Reeves' winter fuel payments U-turn? Reeves has confirmed what had been rumoured for a while – that the government is U-turning on its politically toxic cuts to winter fuel payments. But the government has spent more than six months justifying the cuts on the basis of trimming down government spending. So, now the leadership has lost this stand-off with Labour backbenchers, how exactly is the Treasury going to pay for it? A spending review on Wednesday, the 11th of June, will set out plans for how much is spent on each department. It has been suggested that the government could revise funding pledges on housing, policing and education in order to keep public finances in check. Click the link in our bio to get more of the story 🔗 #uk #news #politics #economy #economics #finance #personalfinance #money #business #tax #housing #winterfuel #winterfuelpayment #keirstarmer #rachelreeves