As we head into the winter months people often start thinking about saving money, especially with the cost of living crisis.
Although we've been blessed with warm temperatures for the first few days of September lots of people will soon but turning the heating on.
State Pension uprating November budget announcement Pensioners will be keeping an eye on the earnings growth figures due to be published by the Office for National Statistics in mid-September as this is currently likely to be the main driving force for the ‘triple lock’ which will determine how much it will rise by next year. Whichever is higher between September’s Consumer Price Index inflation rate, Earnings growth and a flat 2.5% will be the one chosen. Inflation is 6.
September temperatures are still reasonably high and the Met Office has predicted that the second half of the month could be quite warm, and above average for this time of year. Earlier in 2023 money guru Martin Lewis said he believed that the payment would probably be made in October or November. The first instalment of the government’s 2023 cost of living payments - worth £301 - was paid out between April 25 and May 17.
The DWP says people will be sent a letter in October or November telling them how much Winter Fuel Payment they’ll get if they’re eligible. £400 energy rebate Last winter all households got £400 off their energy bills. It was brought in to help cope with soaring power prices caused by the Ukraine war and was paid directly to the energy companies which then deducted it from bills automatically.
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