The second Cost of Living payment worth £300 is now arriving for 15,200 of the most vulnerable and low income households in Wallasey constituency.
Households across Wallasey, Moreton, Upton and Saughall Massie which are in receipt of eligible means-tested benefits, such as Universal Credit, Pension Credit, or tax credits, will benefit from the second of three Cost of Living payments totalling £900 in 2023-24.
This latest payment builds on the Cost of Living payments made last year worth up to £1,200, and form part of the Conservative Government’s record financial support for the most vulnerable, worth an average of £3,300 per household.
The payment will be made automatically so there is no need to apply and it will not count towards the benefit cap or impact on existing benefit awards.
Further support will also be made available for vulnerable households later this winter. Winter Fuel Payments have been boosted again this year with an additional £300 Pensioner Cost of Living payment.
In addition, nearly three million low-income households are eligible for a £150 rebate on their winter electricity bills through the Warm Home Discount, and the Cold Weather Payment is coming into effect from 1 November 2023 to provide eligible households an extra £25 a week when the temperature drops below zero degrees for more than seven days.
Commenting, Councillor Lesley Rennie said:
The record financial support has already supported thousands of families across Wallasey, and this latest £300 Cost of Living payment for more than 15,000 eligible households will make a huge difference to the most vulnerable households and those on the lowest incomes as we move into the colder months.
Commenting, Mel Stride, Secretary of State for Work and Pensions, added:
Tackling inflation is the best way to boost people’s incomes, but as we work to halve it, we are protecting the most vulnerable households from high prices with this latest Cost of Living payment.
Details of the Cost of Living payments can be found here