I think that from what I heard, the measures seem sensible and will go in part to alleviate the rising costs for many struggling households. Pensioners who missed out on the recent payments based on council tax bands will now get the extra winter fuel payment and the £400 energy grant, no longer a loan to be repaid. Even though prices are rising in lots of areas, £700 will help a little.
The £650 for low income families is more than I was expecting, add that to the energy grant and they get £1050 in total. I am sure most families will use it wisely to help with some of the cost of living increases. I hope that the ceiling for the lowest income payments covers those in low paid work as well as those on benefits as sometimes such families miss out on financial support.
For me, I’m only going to receive the £400 as I think I will miss out on the winter fuel allowance by a matter of weeks, I will be 66 at the beginning of October but I don’t think I claim my pension until 66 and three months. However, I’m fortunate not to struggle to pay my energy bills as I have a couple of private pensions and investments which I was able to save as a teacher. I know my children are worried about the cost of their bills and mortgages so I might need to help them out as well.
I’m not commenting on the timing of the measures or any other political matters, I’ve just looked at the money to see who will benefit - I hope I’ve understood the announcement correctly.