BusinessPostCorner.com
No Result
View All Result
Saturday, July 18, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Lyons says 86% of NI pensioners to be eligible for payment

July 3, 2025
in Business
Reading Time: 2 mins read
A A
0
Lyons says 86% of NI pensioners to be eligible for payment
ShareShareShareShareShare

The Communities Minister Gordon Lyons has said 86% of pensioners in Northern Ireland will be eligible for the winter fuel payment this year.

It comes after the government performed a U-turn on its controversial policy.

Labour had initially scrapped the universal payment as a cost saving measure.

But now those with an income of £35,000 or below are eligible for the grant.

Lyons told BBC Radio Ulster’s Evening Extra programme that his officials have assessed that the change in policy will mean 288,000 pensioners are in line for the payment.

“For comparison, across the UK as a whole about 80% of pensioners will retain [the payment], but it’s slightly higher in Northern Ireland because of our lower incomes,” he said.

“This has been a mess from the start. The government have a lot to answer for on this. This has been handled horrifically by the government and has put a lot of worry and concern into the minds of our older people.”

Lyons had secured £17m from Stormont to provide a £100 one-off payment for those affected by the cut last winter.

He said the Labour government’s policy was misguided.

“I said from the start this would not have saved the government a lot of money,” he said.

“What we have seen is a number of pensioners reach out for help and realise they are eligible for pension credit, which is a passport for other benefits. So in that regard it’ll actually cost the government more.”

Winter fuel payments were created in 1997 to help everyone above state pension age with their winter heating bills.

The Chancellor, Rachel Reeves, announced last year that winter 2024 would be the first time pensioners in England and Wales would not be eligible for the payment.

Northern Ireland was forced to follow suit.

Payments were then restricted to those on benefits and pension credit.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Tesla’s shock Q2 delivery surprise may have been driven by smaller unexpected markets, leaving Wall Street puzzled

Next Post

Tether Targets South America’s Surplus Power for Low-Carbon Bitcoin Mining – But Will Volatility Bite?

Next Post
Tether Targets South America’s Surplus Power for Low-Carbon Bitcoin Mining – But Will Volatility Bite?

Tether Targets South America’s Surplus Power for Low-Carbon Bitcoin Mining – But Will Volatility Bite?

SoftBank’s Masayoshi Son ridicules AI critics for ‘spitting upwards’

SoftBank’s Masayoshi Son ridicules AI critics for ‘spitting upwards’

July 14, 2026
IRS quietly raises mileage rates due to inflation

IRS quietly raises mileage rates due to inflation

July 16, 2026
Edgefield AI accounting training now available to public

Edgefield AI accounting training now available to public

July 14, 2026
U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz

U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz

July 11, 2026
China’s Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic

China’s Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic

July 17, 2026
Microsoft Copilot AI Predicts Insane XRP Price by End Of 2026

Microsoft Copilot AI Predicts Insane XRP Price by End Of 2026

July 13, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

After Supreme Court loss, Trump tests a new tariff strategy on Brazil and other countries may follow

July 17, 2026
Wall Street’s record profits boost NYC tax revenues

Wall Street’s record profits boost NYC tax revenues

July 17, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!