Martin Lewis has explained a key point about the different amounts of the £900 cost of living payment, which is going to be made to more than eight million people. The Money Saving Expert founder was speaking after the government announced broadly when cash boosts - up to £1,350 - will be handed out over the coming months.
The Department for Work and Pensions (DWP) only gave very broad ‘seasons’ as to when the money will go into people’s accounts - whereas Mr Lewis gave his more exact predictions. The money is split into £900 for means-tested benefit claimants, £150 for over six million disabled people and £300 for over eight million pensioners on top of their Winter Fuel Payments.
Mr Lewis said this on the dates for the means tested benefits cash: “UPDATE: On the £900 cost of living payment for 8m on means-tested benefits. It’ll come in three instalments.
