People in the UK are being affected by the cost of living crisis daily, with a financially devastating mix of rising interest rates, high energy bills and spiralling food prices. The cost of living payment offered by the government aims to help lower-income families with rising costs.
But how can this payment help you if you’re eligible? The experts at money.co.uk savings have compiled everything you need to know about the cost of living payments.
money.co.uk savings expert, Lucinda O’Brien, says: "The cost of living crisis in the UK has been an ongoing struggle for many households. Rising inflation, council tax rises, and increasing interest rates - which can add hundreds to mortgage costs - are taking their toll on the British public.
