Martin Lewis issues warning over Winter Fuel Payment cut for pensioners

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Martin Lewis issues warning over Winter Fuel Payment cut for pensioners
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  • 📰 Metro Newspaper UK
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The Chancellor announced yesterday that the number of eligible pensioners will drop by millions.

Money saving expert Martin Lewis said it could lead to older people struggling The number of pensioners who will receive help with heating costs this winter is ‘too narrow a group’, Martin Lewis said after cuts were announced yesterday. Chancellor Rachel Reeves said that the annual payments of between £100 or £300 per person each year to help with fuel costs would no longer be universal to all pensioners.

Then, a payment was made to homes in council tax bands A to D – as an imperfect but workable proxy for lower household incomes. That’d allow an additional group of lower to middle-income pensioners to keep the payments and mitigate bill shocks. Councils’ discretionary funds could also be funded as in April 2022, for the limited numbers who still need help but don’t qualify.

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