Millions of families will receive a payment of £326 from today to help with the cost of living crisis. Find out more about who is receiving the money and whether you need to apply
Who is receiving the money?
The Department for Work and Pensions and HM Revenue and Customs have been identifying those eligible to receive a cost-of-living payment.Those eligible will be paid automatically, so they do not need to apply and payments may appear in accounts as "DWP Cost of Living".Many people will receive the first instalment between July 14 and 31, although for those receiving Tax Credits, the first payment is to be made from the autumn and the second from winter 2022.
Around half of people reported that they were buying less food when food shopping and 48% said they had to spend more than usual to get what they normally buy.Energy prices to soar furtherExperts at Cornwall Insight said bills could rise from a current record of £1,971, to £3,245 in October and then further to £3,364 at the start of next year.Why is this happening?
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