Cost of Living Updates (7 Viewers)

[Nick]

How does the £400 thing work? Sadly I am still on PAYG energy as it's been a nightmare trying to change meters.

 

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[rob9872]

They're awful. Regardless of what the discounts are, I'm sure you pay more for those and only a way of paying for those who can't manage their money. Make your supplier remove it.

 

[Nick]

They're awful. Regardless of what the discounts are, I'm sure you pay more for those and only a way of paying for those who can't manage their money. Make your supplier remove it.

Currently at Catch 22 with them and Western Power. Trying my best but until then am stuck!

 

[shmmeee]

Yeah I’ve got the same. It’s a nightmare to switch away from them.

 

[shmmeee]

Who actually gets the money? I just saw “the poorest” which means not me, but have they said who?

 

[Nick]

Who actually gets the money? I just saw “the poorest” which means not me, but have they said who?

All households to have their £200 energy rebate, which was to be be paid back now cancelled (no need to be paid back), it'll now be doubled to £400 and no need to be paid back. Bascially bills will have £400 knocked off come October 2022.

More than eight million of the lowest income households will receive a £650 one-off payment. It will apply to households on Universal Credit, Tax Credits, Pension Credit and legacy benefits.

 

[rob9872]

So I get fk all then - bloody Tories helping the poor buy a new tele!

 

[Nick]

So I get fk all then - bloody Tories helping the poor buy a new tele!

Surely you would be:

All households to have their £200 energy rebate, which was to be be paid back now cancelled (no need to be paid back), it'll now be doubled to £400 and no need to be paid back. Bascially bills will have £400 knocked off come October 2022.

 

[rob9872]

Surely you would be:

Sorry Nick, was supposed to be a joke, but I guess it didn't come over. I imagine it's been discussed in depth on the political thread where they quoted the large tv's for the poor etc the other day, but I daren't venture over there for a while or I'll lose too much time making myself unpopular

 

[rob9872]

... although the £5bn has been raised through tax at the pumps. I'd rather they gave it back to the motorists who have paid for it. Not only do we not get the £650, but are paying for those who do.

 

[Earlsdon_Skyblue1]

I haven't read this in detail, but are they basically saying the poorest 8 million are going to get a load of money "towards their energy bill"? The reason I ask is that the first thing that came to mind seeing the Universal Credit comment was then that all the people too lazy and getting benefits are going to get the helping hand before anyone else. Not saying everyone getting Universal Credit is a scrounge by any means, but something just doesn't seem quite right here.

 

[Nick]

I wasn't trying to make it political, there's a thread for that.

More, how will people get it?

 

[Grendel]

I wasn't trying to make it political, there's a thread for that.

More, how will people get it?

I assume you get a rebate through the energy suppler

 

[shmmeee]

I wasn't trying to make it political, there's a thread for that.

More, how will people get it?

The £400 goes direct to the energy supplier inthink, the other money seems to be a direct cash payment through benefits system.

 

[Nick]

I assume you get a rebate through the energy suppler

Will have to keep an eye out, that's where I wasn't sure how as it's Pay as you Go.

They don't have any bank details for me.

 

[shmmeee]

I’ll say one thing, as a proponent of UBI the combo of a PM that lurches from crisis to crisis and a Chancellor that responds to crises by throwing direct cash at people is quite the turn up for the books.

 

[shmmeee]

Will have to keep an eye out, that's where I wasn't sure how as it's Pay as you Go.

They don't have any bank details for me.

Maybe we’ll just get £400 credited to the meter one day?

 

[Grendel]

Millions of most vulnerable households will receive £1,200 of help with cost of living

Millions of households across the UK will benefit from a new £15 billion package of targeted government support to help with the rising cost of living, the Chancellor announced today (26 May).

www.gov.uk

 

[shmmeee]

Leaving an incentive to drill for new oil and gas seems a little at odds with the PMs stated climate goals. Why not renewables?

 

[dutchman]

Who actually gets the money? I just saw “the poorest” which means not me, but have they said who?

The government's definition of "the poorest" is those on means-tested benefits as opposed to those on contributory benefits such as the state pension who may in reality actually be worse off overall.

 

[rob9872]

The government's definition of "the poorest" is those on means-tested benefits as opposed to those on contributory benefits such as the state pension who may in reality actually be worse off overall.

Tbf they should start with all pensioners and then move on to the scroungers if there's any left ...

(runs for tin hat )

 

[wingy]

The government's definition of "the poorest" is those on means-tested benefits as opposed to those on contributory benefits such as the state pension who may in reality actually be worse off overall.

They will get the £400 + £300 cash I think Potentially the £150 council tax discount . Take your point that some may struggle more with that than others.

 

[dutchman]

They will get the £400 + £300 cash I think Potentially the £150 council tax discount .

While those on Pension Credit or Universal Credit will get £650 in cash, even if they've never paid a national insurance stamp in their lives.

That's in addition to all the other discounts and payments they automatically qualify for.

 

[shmmeee]

Tbf they should start with all pensioners and then move on to the scroungers if there's any left ...

(runs for tin hat )

Pensioner income is above working age income on average and almost half the “scroungers” are in work. You really haven’t looked up in the last twenty years have you?

 

[SBAndy]

Pensioner income is above working age income on average and almost half the “scroungers” are in work. You really haven’t looked up in the last twenty years have you?

3, 2, 1…

“It was a joke”

 

[Grendel]

Pensioner income is above working age income on average and almost half the “scroungers” are in work. You really haven’t looked up in the last twenty years have you?

 

[napolimp]

Interesting that you decided to use a meme of a man who would almost certainly think you're a tosser.

 

[thekidfromstrettoncamp]

How does the £400 thing work? Sadly I am still on PAYG energy as it's been a nightmare trying to change meters.

Read somewhere can't find it every household receive £400 pound in 2 seperate amounts first in July second in October in your case (PAYG) it will either be put on your meter or you will receive a voucher. I feel for you my sister in law has had 2 failed attempts just to change her key to a smart one.Me and my better half will get an extra £300 GREAT.

 

[dutchman]

Pensioner income is above working age income on average

I think when most people use the term 'pensioner' they mean those living on the basic state pension and not those in receipt of graduated retirement benefit or private pensions which may be much higher.

 

[olderskyblue]

Interesting that you decided to use a meme of a man who would almost certainly think you're a tosser.

Blimey, that doesn’t give him much choice then….

 

[Alan Dugdales Moustache]

Pensioner income is above working age income on average.

Have you got the figures to support this ?

 

[thekidfromstrettoncamp]

Pensioner income is above working age income on average and almost half the “scroungers” are in work. You really haven’t looked up in the last twenty years have you?

I don.t see your laughing emogi I have just read average fully employed person take home pay is £601.While the average married (2) pensioners is £511

 

[shmmeee]

Have you got the figures to support this ?

Few years old now, but here:

Reality Check: Are pensioners better off than workers?

Resolution Foundation figures take household income after housing costs.

www.google.co.uk

Saw a more recent graph on Twitter I’ll see if I can source.

Edit:

This isn’t the graph but makes the same point. Basically tax burden has been shifted to working age people and incomes haven’t risen with inflation like pensions. Housing costs makes most of the difference.

 

[shmmeee]

I don.t see your laughing emogi I have just read average fully employed person take home pay is £601.While the average married (2) pensioners is £511

Big difference is housing costs.

 

[shmmeee]

Not making an argument pensioners are well off BTW, just that working age people have taken a kicking over the last decade or so.