Daily Express – How ludicrous! Labour axed winter fuel help to ‘stop run on pound’
The Daily Express leads on criticism of Labour’s defence of their decision to axe winter fuel payments – calling it “ludicrous”. The paper slams the Commons leader’s claim that the government cut universal winter fuel payments for pensioners to prevent a run on the pound. “How ludicrous!” says the headline as Shadow Treasury Minister Laura Trott describes Lucy Powell’s remarks as “ridiculous fantasies”.
Labour’s Lucy Powell attacked for ‘desperate’ winter fuel allowance claim
Labour was branded “desperate” after claiming it axed winter fuel payments for 10 million pensioners to stop a run on the pound.
Lucy Powell defended taking the allowance off retirees despite prices rising again, insisting there was no alternative and the government was “really sorry”.
The Commons Leaders suggested there would be a run on the pound if the government had not found ways to save cash to deal this year to fill a shortfall in finances.
“If we hadn’t had done so we would have all but likely seen the markets losing confidence in this country, the cost of borrowing going up, a run on the pound possibly and the pound crashing,” she said.
Today’s news summary – Paper Talk
If you are someone who reads every perspective of a story, here is a news summary of all of today’s front pages from today’s newspapers; summarised in a 2-minute read
Editorial 02 September 2024.
Monday’s front pages have a variety of domestic and international leads with the broadsheets slightly more focused on the latest happenings on the global stage. The bodies of six Israeli hostages have been found in Gaza, the latest from the Ukraine-Russia War and the German far-right’s election victory in the east are among the popular headlines on the front splash.
A little closer to home, the front pages report on the latest from Downing Street including Labour axing winter fuel payments and the shake-up of the Ofcom rating system following the death of a head teacher last year.
Oasis, Venice Film Festival and Man Utd’s humiliating loss to Liverpool are all pictured on the front pages. The weekend’s Premier League action dominates the back pages.
