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UK Government's £299 Cost of Living Boost
Providing Relief Across the UK
This third of up to three Cost of Living Payments will be disbursed to eligible individuals receiving means-tested benefits between February 6 and February 22. It forms a critical component of a comprehensive support package that has provided much-needed relief to households since July 2022. A Closer Look at the Support Package The announcement of the £299 Cost of Living Payment comes in the wake of the government's commitment to allocate £104 billion to cost of living support between 2022 and 2025, as outlined in November's Autumn Statement. This substantial allocation, equating to approximately £3,700 per household, encompasses various measures: - Uprating benefits by 6.7% - Increasing the state pension by 8.5% - Elevating the Local Housing Allowance by £7 billion
Shaping a Brighter Economic Future
The government's approach reflects a pivotal shift in economic policy. The focus is transitioning from a period of significant government intervention, high spending, and borrowing to a new era characterized by long-term decision-making aimed at strengthening the economy and empowering individuals and families to build a more prosperous future.
Next-Generation Welfare Reforms
As part of this commitment, the Department for Work and Pensions (DWP) plans to introduce the next generation of welfare reforms, encompassing comprehensive employment and health support. The £2.5 billion Back to Work Plan aims to benefit over a million people, including individuals with disabilities, health conditions, or a history of long-term unemployment. A pivotal element of this plan is the Chance to Work Guarantee, which will remove barriers to employment for numerous claimants, offering them the opportunity to work without the fear of reassessment or the loss of health benefit top-ups. Automatic Payments for Eligible Recipients The £299 Cost of Living Payment for February 2024 will be automatically processed by the DWP and HM Revenue and Customs. Eligible recipients need not apply or take any action to receive this payment. A History of Support for Vulnerable Households The government's efforts to support vulnerable households have yielded results. Since 2010, there has been a reduction of 1.7 million households in poverty. As part of ongoing support, the Local Housing Allowance increase, set to benefit thousands, will come into effect in April 2024. This £7 billion investment over five years will provide an £800 annual boost to approximately 1.6 million households. Additionally, the DWP encourages low-income pensioners who have not yet received Pension Credit to check their eligibility, as they may still qualify for the February cost-of-living payment. Key Details for Eligibility For individuals wondering if they are eligible for the Cost of Living Payment, here are some important details: - Recipients' bank accounts will use their National Insurance Number followed by DWP COL as the payment reference. The HMRC payment reference will be HMRC COLS. - To qualify for the Cost of Living Payment from DWP, individuals must have received a payment for a qualifying benefit between November 13 and December 12 or at the end of an assessment period within these dates. - The full list of benefit recipients that qualify for the third Cost of Living Payment includes those who receive Universal Credit, income-based Jobseeker’s Allowance, income-related Employment and Support Allowance, Income Support, Working Tax Credit, Child Tax Credit, or Pension Credit. A Supportive Future The £299 Cost of Living Payment is a vital part of the ongoing efforts to provide much-needed financial relief to households across the UK. It is one of three means-tested Cost of Living Payments made over the course of 2023/24, with a total value of up to £900. The government's commitment to supporting vulnerable families extends to England's councils, with a substantial £842 million extension to the Household Support Fund, aiming to provide the further cost of living support. For additional information, recipients can refer to the Department for Work and Pensions press notice on the £2.5 billion welfare reforms announced in the Autumn Statement here. The Chancellor's Autumn Statement is also available here. Eligibility details can be found above, and any queries can be reported through gov.uk starting from February 23. Sources: THX News & Department for Work and Pensions. Read the full article
#AutumnStatement#CostofLivingPayment#EconomicSupport#EligibilityDetails#financialrelief#GovernmentPlans#HouseholdSupportFund#UKHouseholds#VulnerableHouseholds#WelfareReforms
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Up, up and away! 🎈🎈😍 This #beautiful #balloon "fly-past" has drifted across the #sky above #Bristol, #UK. The spectacle was organised after this year's Bristol #InternationalBalloonFiesta could not take place because of #Covid19 restrictions. Organisers kept the launch location "top secret" and urged people to watch on Monday morning from their homes. "We are bringing the balloon fiesta to everyone's doorstep," said operations director Ben Hardy. Tap the link in our bio for more on the balloons and the upcoming "nightglow", where tethered balloons light their burners in time to music. ------------------------------------------------------------- Follow us to stay informed with the latest #BreakingNews & #Updates from around the #world @world_news_app Get all the latest news & updates on American Politics, Election 2020 and other trending topics on our US-specific News app: bit.ly/USNewsPro Get all the latest news & updates about United Kingdom, UK Politics, Royals and other trending topics on our UK-specific News app: bit.ly/UKNewsPro Stay informed with all the latest technology news, AI, ML, IoT, Science & more from around the world. Get our Tech News app from: bit.ly/techfind Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WNProFB Get our free World News App for all the latest news & more from all around the world at: bit.ly/WorldNewsFB or link in bio ------------------------------------------------------------- Reposted from @bbcnews #WorldNewsApp #WorldNews #localnews #internationalnews #Bristolians #Landscape #HotAirBalloon #balloondecor #UKhousehold #covid19effect https://www.instagram.com/p/CDbpTS1Agzr/?igshid=1l480z65743j4
#beautiful#balloon#sky#bristol#uk#internationalballoonfiesta#covid19#breakingnews#updates#world#worldnewsapp#worldnews#localnews#internationalnews#bristolians#landscape#hotairballoon#balloondecor#ukhousehold#covid19effect
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There have been murmurings about smarter ways to heat our homes for some time now, but finally we have some products available that are really worth consideration. Smart thermostats promise to make our homes more comfortable, more controllable and ultimately, to save us money.
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An #aerialview of the scene following a house #explosion in #SevenSisters, #Wales. Two children and an adult were hurt in the blast. Tap the link in bio to read more. Follow us for #WorldNews & more @world_news_app Stay informed with all the latest technology news, AI, ML, IoT, Science & more from around the world. Get our Tech News app from: bit.ly/techfind Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WNProFB Get our free World News App for all the latest news & more from all around the world at: bit.ly/WorldNewsFB or link in bio Reposted from @abcnews #WorldNewsApp #wales #household #explosions #accidentsite #UKnews #UKhousehold #unitedkingdom🇬🇧 (at Wales) https://www.instagram.com/p/CB8EttahKc9/?igshid=q0du8wtlb8zi
#aerialview#explosion#sevensisters#wales#worldnews#worldnewsapp#household#explosions#accidentsite#uknews#ukhousehold#unitedkingdom🇬🇧
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#UK #PrimeMinister #BorisJohnson has unveiled a “conditional plan” to ease the #coronaviruslockdown. The #PM addressed the nation announcing that people in #England will be able to spend more time outdoors from this Wednesday. He also said people who could not work from home should return to work and revealed a new #Covid #AlertSystem with five levels governing how quickly #lockdown restrictions will be eased. Tap the link in our bio for the latest coverage. #Covid19 #Coronavirus Follow us for #WorldNews & more @world_news_app Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WorldNewsPro Get our free World News App for all the latest news & more from all around the world at: bit.ly/World_News_App or link in bio Reposted from @bbcnews #unitedkingdom #unitedkingdom🇬🇧 #PMBorisJohnson #borisjohnsonpm #coronavirusuk #UKhousehold #WorldNewsApp (at 10 Downing Street) https://www.instagram.com/p/CACRw3uhuAJ/?igshid=1qbe4xtaz0lhz
#uk#primeminister#borisjohnson#coronaviruslockdown#pm#england#covid#alertsystem#lockdown#covid19#coronavirus#worldnews#unitedkingdom#unitedkingdom🇬🇧#pmborisjohnson#borisjohnsonpm#coronavirusuk#ukhousehold#worldnewsapp
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The #UK has become the fifth country to announce 20,000 coronavirus-related deaths. It has taken 51 days from announcing its first death to reaching the "terrible milestone". The government's figures refer to #hospital #deaths and do not account for deaths that have happened in care homes, at home, in #hospices or elsewhere in the community. Click the link in our bio to find out more. 👆 #Coronavirus #Covid19 #UKhousehold Follow us for #WorldNews & more @world_news_app Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WorldNewsPro Get our free World News App for all the latest news & more from all around the world at: bit.ly/World_News_App or link in bio Reposted from @bbcnews #unitedkingdom #unitedkingdom🇬🇧 #coronavirusdeaths #coronavirusuk #borrisjohnson #england🇬🇧 #CoronavirusUpdates #WorldNewsApp (at London, United Kingdom) https://www.instagram.com/p/B_aV5bDB5Gi/?igshid=1mite5z630xqu
#uk#hospital#deaths#hospices#coronavirus#covid19#ukhousehold#worldnews#unitedkingdom#unitedkingdom🇬🇧#coronavirusdeaths#coronavirusuk#borrisjohnson#england🇬🇧#coronavirusupdates#worldnewsapp
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#Londoners observe social distancing measures as they wait in line outside a #grocerystore. #socialdistancing #coronavirus #covid19 #unitedkingdom🇬🇧 #london Read more stories on our app at the link in bio Follow us for #WorldNews & more at: @world_news_app Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WorldNewsPro Get our free World News App for all the latest news & more from all around the world at: bit.ly/World_News_App or link in bio Reposted from @abcnews #coronavirusscare #corona #unitedkingdom #unitedstates #usnews #us #europe #uknews #WorldNewsApp #UKhousehold #uk #london🇬🇧 #londonnews #covid19outbreak (at London UK) https://www.instagram.com/p/B-zxPTfBmXM/?igshid=dl4cr7fw4i4w
#londoners#grocerystore#socialdistancing#coronavirus#covid19#unitedkingdom🇬🇧#london#worldnews#coronavirusscare#corona#unitedkingdom#unitedstates#usnews#us#europe#uknews#worldnewsapp#ukhousehold#uk#london🇬🇧#londonnews#covid19outbreak
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#Crowds of #people enjoy the #hotweather on the #beach Saturday in #Bournemouth, southern #England. Many parts of the #UK are experiencing a spell of extreme warm #weather, attracting crowds of people to popular #holiday #spots despite government #warnings about onward #transmission of the #coronavirus. 📸: Andrew Matthews, @apnews Tap the link in bio to read more. ------------------------------------------------------------- Follow us to stay informed with the latest #BreakingNews & #Updates from around the #world @world_news_app Get all the latest news & updates on American Politics, Election 2020 and other trending topics on our US-specific News app: bit.ly/USNewsPro Get all the latest news & updates about United Kingdom, UK Politics, Royals and other trending topics on our UK-specific News app: bit.ly/UKNewsPro Stay informed with all the latest technology news, AI, ML, IoT, Science & more from around the world. Get our Tech News app from: bit.ly/techfind Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WNProFB Get our free World News App for all the latest news & more from all around the world at: bit.ly/WorldNewsFB or link in bio ------------------------------------------------------------- #WorldNewsApp #WorldNews #localnews #internationalnews #england🇬🇧 #unitedkingdom #UKhousehold #UKnews #britishnews #beaches #beachlife #ukbeaches #travelgram https://www.instagram.com/p/CDrUZEZhSWv/?igshid=h7d5qrjllw3
#crowds#people#hotweather#beach#bournemouth#england#uk#weather#holiday#spots#warnings#transmission#coronavirus#breakingnews#updates#world#worldnewsapp#worldnews#localnews#internationalnews#england🇬🇧#unitedkingdom#ukhousehold#uknews#britishnews#beaches#beachlife#ukbeaches#travelgram
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#Fundraising hero Captain #TomMoore has been knighted by the #Queen during a unique private #ceremony at #WindsorCastle. The 100-year-old #SecondWorldWar #veteran earned himself the honour after raising almost £33m for the #NHS as it battled to cope with the #coronavirus crisis. #Donations came flooding in after #SirTom set out on his challenge to walk 100 lengths of his garden before his special #birthday earlier this year. Get our UK News Pro (Paid App) for FREE. Go to link in bio. FREE Sale offer is live. Tap the link in bio to read more. ------------------------------------------------------------- Follow us to stay informed with the latest #BreakingNews & #Updates from around the #world @world_news_app Stay informed with all the latest technology news, AI, ML, IoT, Science & more from around the world. Get our Tech News app from: bit.ly/techfind Get our World News Pro App (AD-FREE) for all the latest news & more from all around the world at: bit.ly/WNProFB Get our free World News App for all the latest news & more from all around the world at: bit.ly/WorldNewsFB or link in bio ------------------------------------------------------------- Reposted from @skynews #WorldNewsApp #WorldNews #localnews #internationalnews #captaintommoore #fundraiser #knightedhero #UKnews #UKhousehold #ukpolitics #Royals #royalfamily #royalmonarchy https://www.instagram.com/p/CCvyfuLBTEy/?igshid=11oygsrs0mdah
#fundraising#tommoore#queen#ceremony#windsorcastle#secondworldwar#veteran#nhs#coronavirus#donations#sirtom#birthday#breakingnews#updates#world#worldnewsapp#worldnews#localnews#internationalnews#captaintommoore#fundraiser#knightedhero#uknews#ukhousehold#ukpolitics#royals#royalfamily#royalmonarchy
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