Greg has welcomed that the next cost of living payment, worth £300 for vulnerable and low-income households in East Yorkshire, 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 caused by President Putin’s illegal war in Ukraine and the aftermath of the Covid-19 pandemic.
These payments build on the Cost-of-Living Payments made last year worth up to £1,200, and form part of the Government’s financial support for the most vulnerable, worth an average of £3,300 per household. The £300 Cost of Living Payment will be sent out automatically and directly to eligible households, so there is no need for people to apply.
Eligible pensioner households will also receive a further £300 payment later this year as an addition to the Winter Fuel Payment. Details about the third cost of living payment will be announced in due course.
Commenting, Sir Greg said: “We must continue to do everything we can to support households across the region. Record levels of financial support over the past year and a half have already supported many local families and this latest £300 Cost of Living Payment will go to 11,500 eligible households in East Yorkshire. It will make a huge difference to those on the lowest incomes.”