Will Starmer and Reeves Steal Your State Pension from You This Autumn ?
Please excuse the rather hard-hitting question in the title of this blog, but needs must - this is serious, folks….. The Labour leadership is desperate, and as we all know, desperation often leads to serious mistakes…this one certainly would be a monumental one. OK, what's all the fuss about ? There are a number of evil rumours abound in the media (and not just the socials) that Reeves is now actively considering means-testing the State Pension in October. Why on earth would she even consider this ? As anyone who hasn't been living on Mars this week will know, Labour's back-benchers have effectively forced Starmer into a major U-turn on PIP payment eligibility, his third upset in as many months. This, together with the partial reversal on Winter Fuel eligibility, has created a new £4.5Bn new ‘black hole’ (seemingly not yet labelled a Tory one, but give it time!) in the finances which must be filled if Reeves is to satisfy her self-imposed fiscal rules without rais...