The Chancellor has dropped a bombshell on the Winter Fuel Payment system, announcing significant cuts.

In a move that’s set to shake up financial support for the elderly this winter, the government has slashed the Winter Fuel Payment scheme. Rachel Reeves, addressing MPs in the Commons today (July 29), admitted it was a tough call but insisted it was “the responsible thing to do”.

Gone are the days when every person over the State Pension Age could count on extra cash to cover their energy…