The UK government has announced cost of living support for the disabled, pensioners, and means-tested benefits claimants.
The support includes direct bank transfers of £900 over three instalments for eligible claimants and additional support for the disabled and pensioners.
The government's 2022 cost of living package gave £650 to benefits claimants, £300 to pensioners and £150 to the disabled, in addition to energy bill discounts and council tax rebates.
The support follows the UK rate of inflation of 10.5%, which keeps goods costs high while the Bank of England's Monetary Policy Committee sets interest rates at 3%.
Chancellor Jeremy Hunt announced cost of living support during the Autumn Statement, stating that "over eight million Britons eligible for means-tested benefits will receive £900 from spring 2023.
" According to the Department for Work and Pensions, the money will be transferred directly to the bank accounts of beneficiaries who receive Universal Credit, Income-based Jobseekers Allowance, Income-related Employment and Support Allowance, Income Support, Working Tax Credit, Child Tax Credit and Pension Credit.
There will also be a separate £150 for over six million disabled people and £300 for another eight million pensioners on top of their Winter Fuel Payments to help them meet their energy bills.
However, some UK citizens remain anxious about their energy bills and are hesitant to turn on their heating due to high energy prices.
The support follows the UK rate of inflation of 10.5% keeping the cost of goods on supermarket shelves high.
The Bank of England's Monetary Policy Committee has set interest rates at 3%, and the chancellor delivered a bleak Autumn Statement in November 2022, introducing package of tax rises worth £24bn and spending cuts of £30bn to reassure global financial markets.