The government has released more details on when people can expect the next round of Cost of Living payments worth £900
The government has released the Cost of Living payment schedule which will be given to millions of low-income households.
The Department for Work and Pensions highlighted that the £900 cash boost for eight million people receiving means-tested benefits - such as Universal Credit and Pension Credit - will see the payments land directly into their bank accounts. There will also be a separate £150 for over six million disabled people and £300 for over eight million pensioners in addition to their Winter Fuel Payments.
Work and Pensions Secretary, Mel Stride said: “We are sticking by our promise to protect the most vulnerable and these payments, worth hundreds of pounds, will provide vital support next year for those on the lowest incomes. The government’s wider support package has already helped more than eight million families as we continue to deal with the global consequences of Putin’s illegal war and the aftershocks of the pandemic.
"These payments are on top of above inflation increases to working-age benefits and the Energy Price Guarantee, which is insulating millions from even higher global gas prices. Tackling inflation is this government’s number one priority and is the only way to ease the strain of high prices, drive long term economic growth and improve living standards for everyone.”
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