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Pensioners are being urged to check if they are eligible for the winter fuel allowance after universal payments were scrapped.

Last month Chancellor Rachel Reeves said that the tax free benefit, to help older people with higher heating costs during the colder months, would be limited to those on pension credit.

The surprise move was part of efforts to plug a £22bn hole in the public finances which Labour accused the Conservatives of “covering up” during their time in office.

Today the new government is launching a drive to make people aware of the changes, amid concern that hundreds of thousands of eligible pensioners are yet to claim.

Previously, the money was available to everyone above state pension age, but now it will be limited to people over state pension age who are receiving pension credit or other means-tested support.

Read More: Winter fuel payment changes – are you still eligible?

It means the number of people entitled to the money will drop from 11.4 million to just 1.5 million.

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The payment is £200 for households where the recipients are all under 80, and £300 where they are over 80.

While around 1.4 million pensioners are already receiving pension credit, there are up to an estimated 880,000 households eligible for the support who are yet to claim, the Department for Work and Pensions said.

The government’s awareness drive will help identify households not claiming the benefit, and encourage pensioners to apply by 21 December – the last date for making a backdated claim for pension credit in order to receive the Winter Fuel Payment.

It will focus on “myths” that may stop people applying, such as how having savings, a pension or owning a home are not necessarily barriers to receiving pension credit.

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‘Hunt lied over state of public finances’

More information on applying for pension credit can be found on the government’s How to Claim page.

The awareness drive comes after experts warned the average household energy bill is set to rise by £146 in October, the latest increase since the Russian invasion of Ukraine triggered a global energy crisis.

Defending the cuts, Ms Reeves repeated that the “dire state of the public finances” inherited from the Tories meant making “some very difficult decisions”, and that the government was supporting pensioners by maintaining the triple lock.

But Laura Trott, the shadow chief secretary to the Treasury, said the plans would “increase pensioner poverty” as she accused ministers of “acquiescing to every union demand” in light of recent strike negotiations.

“Instead of desperately trying to mitigate the impact of their own decisions, the Chancellor should come clean and publish the internal impact assessment so the public can truly see the damage of this policy,” Ms Trott said.

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Crypto treasuries top $100B for Ethereum’s 10th anniversary: Finance Redefined

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Crypto treasuries top 0B for Ethereum’s 10th anniversary: Finance Redefined

Crypto treasuries top 0B for Ethereum’s 10th anniversary: Finance Redefined

Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin.

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Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

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Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Hong Kong stablecoin stocks slide as new rules take effect, experts see healthy reset

Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it’s a healthy correction.

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Chancellor Rachel Reeves dodges wealth tax calls from predecessor

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Chancellor Rachel Reeves dodges wealth tax calls from predecessor

Chancellor Rachel Reeves has dodged calls from her predecessor Anneliese Dodds for a wealth tax to be considered ahead of this autumn’s budget.

When Sir Keir Starmer became Labour leader in 2020, Ms Dodds was his first pick for shadow chancellor. However, she did not last long and was replaced by Ms Reeves, who then got the government job after last year’s election win.

Speaking to the Sky News political editor Beth Rigby on the Electoral Dysfunction podcast, Ms Dodds said she had examined wealth taxes when she was briefly in the shadow chancellor job and how one could be implemented.

She said: “I would hope the Treasury is considering that kind of evidence, as well as other changes that have been put forward.”

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‘Rachel Reeves would hate what you just said’

Asked today if about Ms Dodds’ intervention, Ms Reeves said: “Decisions around tax are decisions that are made at a budget and we’ll make those decisions in the appropriate way, but the number-one priority of this government is to grow the economy.

“And that means bringing more investment into Britain, creating more good jobs paying decent wages here in Britain.

Listen here to hear Ms Dodds’ full comments:

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👉 Click here to listen to Electoral Dysfunction on your podcast app 👈

“We’ve got to get the balance right on taxation because we want that investment, we want those jobs to come here.

“That’s why we’re reforming the planning system, secured three trade deals in the first year of this Labour government, cutting back on unnecessary regulation, and reforming our pension system to unlock money for businesses to be able to invest here in the UK.”

Read more:
2021: Dodds demoted, Reeves promoted
Dodds resigns from govt over aid cut

What is a wealth tax?

The government’s financial position is stretched ahead of the next budget, due at the end of autumn.

Ms Reeves has committed herself to not changing her fiscal rules, leaving little wiggle room to avoid tax rises or spending cuts.

This is due to the government’s inability to save money through policies like welfare reform, which were gutted due to a rebellion of backbench Labour MPs.

Last week, Business Secretary Jonathan Reynolds branded the suggestion of a wealth tax “daft” – but he has less influence over the writing of the budget than the chancellor.

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Meanwhile, reports from the Daily Telegraph suggested that Deputy Prime Minister Angela Rayner backed increasing taxes, including reinstating the pensions lifetime allowance and a higher corporation tax level for banks.

Ms Dodds also wants to see those considered.

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