Millions of people on low incomes will start to receive payments of £324 into their bank accounts from Tuesday as part of the Government’s cost-of-living support. Eligible households receiving tax credits, and no other means-tested benefits, will get their second cost-of-living payment from November 23 and should receive it by November 30. “As part of that support, over eight million vulnerable households – almost a quarter of families in the UK – will automatically receive a second cost-of-living payment worth £324 in their bank account from today. They have until December 18 to submit a valid claim for pension credit, which could entitle them to the £324 cost-of-living payment. A review will be launched to consider more targeted measures to support households with their energy bills after this period.

Source: The Herald November 08, 2022 08:34 UTC