23 September, Monday, 2024
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HomeSourcesmirror.co.ukNew £900 cost of living payment explained

New £900 cost of living payment explained

We look at who will get the new £900 cost of living payment, the disability payment of £150 and the £300 pension payment, all announced today, and how they’ll receive it

Chancellor Jeremy Hunt has announced a new cost of living payment of £900 to help the most vulnerable cope with soaring prices.

In his Autumn Statement, the Chancellor said households on means-tested benefits would receive the cash boost.

There will also be a £300 pensioner cost of living payment as well as £150 for those with a disability.

This year, the government gave out a £650 payment to the most vulnerable in a bid to help them through the financial crisis.

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