Rebecca Harris MP has welcomed the news that the next cost of living payment, worth £300 for 8,100 vulnerable and low income households in Castle Point, will be made between 31 October and 19 November 2023.

This is the second of three payments totalling up to £900 for those eligible and on means-tested benefits, such as Universal Credit, Pension Credit, or tax credits in 2023/24 and will help families affected by global inflation caused by Putin’s illegal war in Ukraine and the aftermath of the pandemic.

Details about the third cost of living payment will be announced in due course.

These payments build on the Cost of Living Payments made last year worth up to £1,200, and form part of the Conservative Government’s record financial support for the most vulnerable, worth an average of £3,300 per household. The £300 Cost of Living Payment will be sent out automatically and directly to eligible households, so there is no need to apply. Eligible pensioner households will also receive a further £300 payment later this year as an addition to the Winter Fuel Payment. The Conservative Government is supporting people with the cost of living right now, whilst working to deliver on its priorities to halve inflation, grow the economy, reduce debt, cut waiting lists and stop the boats.

Rebecca Harris MP commented: “We must continue to do everything we can to support households across Castle Point. The record £94 billion of financial support over the past year and a half have already supported families throughout Castle Point, including the Energy Price Guarantee which saw the Government pay half of people's energy bills. This latest £300 Cost of Living Payment for 8,100 households will make a huge difference to the most vulnerable and those on the lowest incomes this autumn."

Mel Stride, Secretary of State for Work and Pensions, said: “The best way we can boost bank balances is by bearing down on inflation, but as we get there, we are ensuring the most vulnerable households are cushioned from high prices with the Cost of Living Payments. Alongside this, thousands of Work Coaches across the country are helping people find work, increase their hours and boost their skills. I encourage anyone who wants to progress their career and strengthen their finances to visit their local Jobcentre to find out what help is available.”