Sunday, July 17, 2022

Helping people with the cost of living

This week, the first Cost of Living Payments were made. Over the coming weeks, more than eight million households will receive the first of two cost of living payments – easing the pressure on household costs for people across the country.

  • A series of global forces have caused cost of living pressures around the world, so it is the government's utmost priority to help those families struggling with their finances.
  • That is why the government set out a £37 billion support package, including a £650 cost of living payment for every household on means-tested benefits – around 8 million households. This week the first instalment of £326 begana start to be paid out, with the second to follow in the autumn. Pensioners will also receive an extra £300, while disabled households will get a £150 payment – on top of the £150 council tax rebate paid in April and the £400 cash discount on energy bills this Autumn.
  • Through this support, over eight million households will receive at least £1,200 – supporting the most vulnerable people in our society during a difficult period.

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