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Liverpool Echo
Liverpool Echo
Business
Susan Newton & Lottie Gibbons

DWP £899 cost of living payments to come in three instalments for millions

More than six million people with disabilities have started to receive a £150 cost-of-living payment.

The one-off payments, issued by the Department for Work and Pensions (DWP) throughout a two-week window, aims to support people with the extra costs they face.

The payments are part of a wider package of cost-of-living support worth up to £1,350 to the most vulnerable households. The payment itself falls in conjunction with a separate £301 cost of living payment to eight million UK households earlier in the year, although the Financial Conduct Authority recently detailed in a study that some 10 million Britons could be struggling to meet financial obligations at present.

READ MORE: 70 incredible photos that capture life in Liverpool in the 1970s

While costs continue to rise, a number of Government support packages have been announced - including an additional £150 for those claiming disability benefits, reports LancsLive.

Households in their millions will see further cost of living support should they be on a low income. This could be worth up to £1,350 (inclusive of the assistance already rolled out).

Eight million means-tested benefit claimants will receive a £900 instalment as of the spring, which will land directly in bank accounts across the UK. On top of the disability benefit add-on, in excess of eight million pensioners may too see a payment of £300 into their accounts by early 2024.

This is among the second and third cost of living payments - weighing £300 and £299 across 2023 and 2024. With regards to benefits in general, they will be continuing as normal.

Remaining payment window dates:

  • £300 second cost of living payment to be paid in autumn 2023
  • £300 pensioner payment to be paid in winter 2023/24
  • £299 third cost of living payment to be paid during spring 2024

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