Michael Fabricant says “The next cost of living payment, worth £300 for 7,800 vulnerable and low-income households in the Lichfield Parliamentary constituency, will be made between 31 October and 19 November 2023.
“This is the second of three payments totalling up to £900 for those eligible and on means-tested benefits, such as Universal Credit, Pension Credit, or tax credits, in 2023-24, and will help families affected by global inflation, particularly on food, which every country is suffering from.
“Details about the third cost of living payment will be announced in due course.
“These payments build on the Cost of Living Payments made last year worth up to £1,200, and form part of the Government’s record financial support for the most vulnerable, worth an average of £3,300 per household.
“Recipients should be assured that the £300 Cost of Living Payment will be sent out automatically to eligible households.
“No-one need make an application. The Government has provided more than £94 billion to support households with the rising cost of living, worth an average of £3,300 per household” Michael adds.
Mel Stride, Secretary of State for Work and Pensions, says: “The best way we can boost bank balances is by bearing down on inflation, but as we get there, we are ensuring the most vulnerable households are cushioned from high prices with a further Cost of Living payment.
“Alongside this, thousands of Work Coaches across the country are helping people find work, increase their hours and boost their skills. I encourage anyone who wants to progress their career and strengthen their finances to visit their local Jobcentre to find out what help is available.”