State pension age pensioners to get £300 one-off payment but ‘millions of retirees’ won’t | Personal Finance | Finance


The new package has increased the energy discount to £400 and now it no longer needs to be repaid.

Mr Komolafe commented that this component of the package is a “big tick in the box”, specifically because it doesn’t need to be repaid.

He continued: “For households who have already seen their energy payment double, you could argue that the measures are a drop in the ocean. Personally, I have seen my gas and electric bill increase by £100 a month and that’s before the increase coming in October.”

Additionally, £650 have been added for those on means-tested benefits, which is due to be dished out through two payments of £325 each.

Source link


Please enter your comment!
Please enter your name here