Chancellor Rachel Reeves was presented with the option to legalize cannabis to address a £22 billion gap in public finances following the 2024 election. Treasury officials suggested creating a legal market for cannabis to generate tax revenue, but Reeves ultimately chose to means-test the winter fuel payment for pensioners, a decision that sparked public backlash. Despite the suggestion, Reeves has previously expressed strong anti-drug sentiments, advising students to avoid cannabis and its associated risks.
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Rachel Reeves cuts winter fuel allowance instead of legalizing cannabis
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