Maggie Throup, Member of Parliament for Erewash has welcomed the arrival of the second Cost of Living payment worth £300.00 for 11,500 vulnerable and low-income households in Erewash from 31 October 2023, as part of the Government’s record £94 billion cost of living support package.
Eight million households across the UK in receipt of eligible means-tested benefits, such as Universal Credit, Pension Credit, or tax credits, will benefit from the second of three Cost of Living payments totalling £900.00 in 2023-24. These payments help low-income and vulnerable families affected by rising prices driven by Putin’s illegal war in Ukraine and the aftermath of the Covid-19 pandemic.
Maggie commented:
The Government is continuing to do everything it can to cushion households across Erewash from the impact of rising prices driven by Putin’s illegal war in Ukraine and the aftermath of the Covid-19 pandemic.
The record financial support has already supported thousands of families across Erewash, and this latest £300.00 Cost of Living payment for 11,500 eligible households will make a huge difference to the most vulnerable and those on the lowest incomes as we move into the colder months.
While the Government is taking immediate action to support those most in need, they rightly remain committed to halving inflation which is the best way to help everyone with the cost of living
This latest payment builds on the Cost-of-Living payments made last year worth up to £1,200.00, and form part of the Government’s record financial support for the most vulnerable, worth an average of £3,300.00 per household. The payment will be made automatically so there is no need to apply, and it will not count towards the benefit cap or impact on existing benefit awards.
Further support will be made available for vulnerable households later this winter through the Winter Fuel Payments, Warm Home Discount and the Cold Weather Payment.
The Government is taking immediate steps to support hardworking families with the cost of living, while working to halve inflation and taking the long-term decisions that are in the best interests of the country.
