July 2023 DWP Cost of Living Changes: A Lifeline for Households Amidst Ongoing Crisis
With the cost of living crisis ongoing, many households are looking for financial assistance to make ends meet. In July 2023, the Department for Work and Pensions (DWP) will implement various changes and payments to support individuals and families. The disability cost of living payment, worth £150, will be automatically given to eligible recipients of certain benefits. The Energy Price Guarantee will increase to £3,000, while the Energy Price Cap will decrease to £2,074, benefiting energy customers. The Household Support Fund, providing cash payments or vouchers for daily necessities, will continue until March 2024. Additionally, regular benefit payments, including Universal Credit and state pensions, will be made on their scheduled dates. It is important to stay informed about these changes and benefits to manage finances effectively.