Vulnerable households across the country will be able to access a new £500m support fund to help them with essentials over the coming months as the country continues its recovery from the pandemic.

• £500m support available to help those most in need as we enter the final stages of recovery
• Money available to councils in October 2021
• Bolsters support is already in place to help vulnerable households and individuals

Vulnerable households across the country will be able to access a new £500m support fund to help them with essentials over the coming months as the country continues its recovery from the pandemic.

The new Household Support Fund will support millions of households in England and will be distributed by councils in England, who know their local areas best and can directly help those who need it most, including for example, through small grants to meet daily needs such as food, clothing, and utilities. Cash will be made available to Local Authorities in October 2021.

The Barnett formula will apply in the usual way to additional funding in England. The devolved administrations will therefore receive up to £79m of the £500m.

With more people at work and the economy bouncing back, the Government is focused on investing in jobs and skills – increasing prospects and wages across the country – whilst ensuring those in greatest need can access vital support to help cover everyday costs. Alongside this, the government’s Plan for Jobs is helping people move back into employment so they can earn a regular wage, progress, and increase their financial resilience.

Families will also continue to benefit from the energy price cap, the recent rise in Local Housing Allowance, and increases in the National Living Wage.

Call a member of the team today to find out more on 01942 816 512.

Source: GOV.UK