Labour would axe rich older people's fuel payments - Ed Balls

Labour would cut winter fuel payments for the UK's richer older people if they won the next general election, shadow chancellor Ed Balls has said.

It would affect about 600,000 people over 61 who pay higher and top income tax rates - saving about £100m.

Mr Balls said that in tough economic times it could "no longer be a priority to pay the winter allowance to the wealthiest pensioners."