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World

Labour must beware crying wolf about a run on the pound

2 September 2024

9:13 PM

2 September 2024

9:13 PM

As winter approaches, and fuel prices go up, Keir Starmer’s honeymoon period is well and truly over. The Labour government is clearly getting a little nervous about Chancellor Rachel Reeves’s decision to scrap the £300 given to millions of pensioners to help keep warm over the winter. It is now claiming that it had no choice but to save some money somewhere.

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