The UK’s Labour government is facing intense pressure after Prime Minister Keir Starmer announced a u-turn on cutting pensioners’ winter fuel allowance (WFA). The move, which reverses a decision made last July, comes as the opposition Reform UK party leads in opinion polls. Critics argue that the concession to pensioners is a tactical retreat rather than a genuine shift in policy. Labour’s economic stance remains unclear, with several senior advisers quitting without explanation over the past fortnight. The government’s handling of its economic policies has raised questions about Starmer’s leadership and whether he has a clear guiding light on the economy.
Source: https://www.bloomberg.com/opinion/articles/2025-05-24/uk-economy-will-the-iron-chancellor-melt-under-the-heat