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Low income households in Sunderland set to benefit as date announced for first cost of living payment

Low income households in Sunderland will start to see cost-of-living payments hit their bank accounts on July 14 as part of the Government’s package to help households amid soaring energy prices.

By Neil Fatkin
Wednesday, 15th June 2022, 4:55 am

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From that date, a first instalment of £326 will start to be paid out to low-income households on benefits, the Department for Work and Pensions announced on Wednesday (June 15).

The second portion of the one-off £650 payment will follow in the autumn, as part of support worth £1,200 that vulnerable households will receive this year, which also includes a previously announced £150 council tax rebate.

Work and Pensions Secretary Therese Coffey said: “With millions of the lowest-income households soon seeing the first of two cash instalments land into their bank accounts, we are taking action to directly help families with the cost of living.

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“This one-off payment totalling £650 is part of our £37 billion cost of living support package that will put an extra £1,200 into the pockets of those most in need.”

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Legislation to confirm the £650, as well as the other elements of the Government’s support package, is being processed on Wednesday (June 15).

Chancellor Rishi Sunak said: “We have a responsibility to protect those who are paying the highest price for rising inflation, and we are stepping up to help.

Low income families will soon receive their first energy support payment.

“In July, more than 8 million people will get their first £326 payment to help with rising prices, as part of a package worth at least £1,200 for vulnerable families. I said we would stand by people when they needed help, and we are.”

Under the Government’s plan, pensioners will also receive a £300 payment in November and December alongside the winter fuel payment in a move costing £2.5 billion, while £150 will be paid by September to individuals receiving disability benefits.

Every household in the country, regardless of how well off they are, will get a £400 discount on energy bills, raising concerns the move will further fuel inflation.

The Chancellor announced the emergency cost-of-living support package last month, saying £5 billion of the package would be paid for by a levy on the profits of oil and gas giants, and around £10 billion will be covered by extra borrowing.