The Department for Work and Pensions (DWP) will soon issue its first wave of Cost of Living payment for 2023.
It is understood that millions across the country will see the £301 land directly in their bank accounts from tomorrow (April 25). It will be part of a £900 payment - split into three instalments - intended to help those receiving eligible means-tested benefits with everyday expenses such as food and bills.
Mel Stride, Secretary of State for Work and Pensions, said: “These payments will give a financial boost to more than eight million households as we continue to wrap our arms around the most vulnerable, while the best way we can protect people from high costs is to halve inflation by the end of this year.
