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Millions of low-income households in Britain will receive cost-of-living support from the government of up to 900 pounds ($1,084) over the financial year, the country’s Department of Work and Pensions said on Tuesday.
The department said in a statement that it would directly go to claimants’ bank accounts in three payments over the financial year.
Chancellor Jeremy Hunt announced the cash support in his Autumn statement, along with a string of tax increases and tighter public spending. The government did not give details on the payment schedule at the time.
"I know this is tough for people right now, but it is vital that we stick to our plan, working in lockstep with the Bank of England as they take action to return inflation to target".
Chancellor @Jeremy_Hunt responds to the @bankofengland's interest rate decision. pic.twitter.com/3xCWp4NqmV
— HM Treasury (@hmtreasury) December 15, 2022
There will also be a separate 150 pounds for more than six million disabled people and 300 pounds for over eight million pensioners, the department said.
The latest support package follows a 1,200-pound cash support program for low-income households last year as Britain struggles with a cost-of-living crisis amid a challenging economic environment.
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