Britain announces cash support for low-income households
Millions of low-income households in the UK will receive up to £900 ($1,084) of government cost of living subsidies over the financial year. The country’s Ministry of Labor and Pensions said on Tuesday.
The funds will be credited directly to the Claimant’s bank account in three payments throughout the financial year. the department said in a statement.
The cash backing was announced by Prime Minister Jeremy Hunt in his autumn manifesto, along with tax hikes and tighter public spending. The government did not provide details on payout schedules at the time.
There will also be a split of £150 for more than 6 million people with disabilities and £300 for more than 8 million pensioners.
The latest support package follows last year’s £1,200 cash support scheme for low-income households. As the UK grapples with a cost of living crisis amid a challenging economic environment,