Millions of struggling households, pensioners and people with disabilities will receive more cost of living payments next year, the government has confirmed. The payments are part of a wider package of support in 2023-24, which is worth £26 billion, aimed at helping the most vulnerable people as inflation and energy bills continue to rise.
The latest support, which were confirmed by Jeremy Hunt during his autumn statement address to the Commons yesterday (November 17), follow on from cost of living payments provided this year. The Chancellor confirmed people on means-tested benefits will receive a £900 payment in 2023/24 - £250 more than than this year.
Pensioners will receive £300 and people on disability benefits will get £150, the same amounts as this year. But Mr Hunt did not confirm exactly when the payments would be made, reports the Daily Record.