The government's cost of living payment will be a welcome boost to many Nottinghamshire households. As budgets are squeezed alongside rising fuel and food costs, the first part of the £650 payment should be winging it way into bank accounts from this week.
Department for Work and Pensions (DWP) has issued an update on the scheme and confirmed that the money will be sent out from Thursday, July 14. Paid is two parts, the first payment will be a lump sum of £326, followed by another payment of £324. The second amount is due to be paid in the autumn but details of the date and qualifying requirements have not yet been released.
However, DWP is using a computer system that enables them to identify everyone on means-tested benefits who are eligible for the cost of living support, according to LancLive. Anyone who is recognised on the system as being eligible will have the money sent to the bank they normally receive their benefits.