Millions to receive latest cost-of-living payment

Wednesday 09th November 2022 05:45 EST

Eight million people on low incomes who receive certain benefits will start getting the second instalment of a targeted cost-of-living payment. The £324 payment would be made directly into bank accounts between now and 23 November, the Department for Work and Pensions (DWP) said.

Those who qualify via tax credits will receive it by the end of the month. A first grant of £326 was paid earlier in the year and, together, they are designed to assist with rising bills.

The support, totalling £650, is for those across the UK on certain benefits, including Universal Credit and pension credit. It is the largest part of direct financial assistance from the government to tackle costs such as energy bills.

The funds are paid directly into the same accounts used to receive benefits payments, with the reference of the recipients' national insurance number followed by "DWP COL".

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