UK announces cash support for low-income households

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On the Foreign News

The UK Government has said that millions of low-income households in the UK will receive cost of living support in the coming financial year.

According to the country’s Department of Work and Pensions, poorer homes will be given cash payments of up to £900 to help them deal with soaring prices.

The money will go directly into claimants’ bank accounts in three payments over the financial year, which starts on 6 April.

Like most of Europe, the UK is currently being battered by a cost of living crisis that is hitting poorer households hard.

Annual inflation reached 11.1% in October, a 41-year high but price rises have since eased off, coming in at 10.9% in December.

Chancellor Jeremy Hunt announced the financial help in his Autumn statement last year, along with a string of tax increases and reductions in public spending.

However, the government has not yet given details on when the payments will be made.

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