UK announces cash support for low-income households
Last updated on: 03 January,2023 09:57 am
UK announces cash support for low-income households
(Reuters) - Millions of low-income households in Britain will receive cost-of-living support from the government of up to 900 pounds ($1,084) over the financial year, the country s Department of Work and Pensions said on Tuesday.
The money will directly go to claimants bank accounts in three payments over the financial year, the department said in a statement.
The cash support was announced by Chancellor Jeremy Hunt in his Autumn statement along with a string of tax increases and tighter public spending. The government did not give details on the payment schedule at the time.
There will also be a separate 150 pounds for more than six million disabled people and 300 pounds for over eight million pensioners, the department said.
The latest support package follows a 1,200 pound cash support programme for low-income households last year as Britain struggles with a cost-of-living crisis amid a challenging economic environment.