Millions across the country are set to receive the second instalment of the Cost of Living payment this autumn. The government confirmed that it will begin issuing the £300 payment from October 31 to November 19 for those on means-tested benefits.
The financial support will likely be helpful for households in tackling the cost of living crisis by aiding in paying for rent, bills, food, and more.
It also makes up the second of three planned payments coming from the government, totalling £900. With the cost of basic goods still excessively high, many may already be looking towards the next Cost of Living payment after autumn. Read more: Which benefits DO NOT qualify for DWP autumn cost of living payment Read more: DWP and HMRC £300 cost of living payment: Dates, eligibility and more as full details published Mel Stride, Secretary of State for Work and Pensions, said: "The best way we can boost bank balances is by bearing down on inflation, but as we get there, we are ensuring the most vulnerable households are cushioned from high prices with a further Cost of Living payment. "Alongside this, thousands of Work Coaches across the country are helping find work, increase their hours and boost their skills.
I encourage anyone who wants to progress their career and strengthen their finances to visit their local Jobcentre to find out what help is available." According to the government, the next cost of living payment, worth £299, will be issued in the spring of 2024.
Read more on manchestereveningnews.co.uk
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