The UK Department For Work And Pensions with the announcement that

  • millions of low-income households to get new cost of living payments from Spring 2023
  • £900 cost of living payment
  • direct to bank accounts
  • three payments over FY2023

There may be questions raised in financial markets about the impact on inflation of what is, in effect, a fiscal boost. But folks gotta eat and warm their homes.

Sunak's budget

UK PM Sunak