Millions of the poorest UK households are to be given £326 from July 14 to help combat rising costs of living. The UK Government has confirmed it will make the payments, the first of two cost of living instalments totalling £650, to around eight million people next month amid rising prices across the board.
The initial instalment will be £326 with the rest to follow in a second payment in the autumn. A date for the second payment has yet to be finalised. It comes as part of £37bn package from the UK government to help families cope with the ongoing cost of living pressures.
Last month chancellor Rishi Sunak announced all households in England, Scotland, Wales, and Northern Ireland will get £400 to offset rising costs of living. All households who have a domestic electricity connection will be automatically eligible for the grant (though if your bills are included in your rent it will go to your landlord) and will get the money in October. There is also £650 for people on benefits, £300 for pensioners, and £150 for disabled people.