Millions of people are to get new cost of living payments next year after an announcement made by Jeremy Hunt in the autumn statement on Thursday. The Chancellor said households on means-tested benefits would next year receive £900, pensioners will get £300 and those on disability benefits will get £150, reports The Mirror.
Mr Hunt said: “For the most vulnerable we will introduce additional cost of living payments next year, of £900 to households on means-tested benefits; £300 to pensioner households; and £150 for individuals on disability benefit.“
The payments will replace next year the £400 cost of living discounts that everyone was given on their energy bills this year. Instead of being universal, they will be targeted at the poorest households who will find it hardest when household energy bills rise to an average of £3,000 next year.
