Second cost of living payment set to hit millions of bank accounts from today

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Second cost of living payment set to hit millions of bank accounts from today
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Millions of households will see a payment of £324 hit their bank accounts from today 💷

The cost of living payment is being paid to people on certain benefits including Universal Credit and older ‘legacy’ benefits such as income-based job seeker’s allowance, pension and child tax credit. If you’re eligible, you do not need to do anything to receive the payment - and people are being warned to be vigilant of scammers inviting them to make an application via text or email.

The first instalment of the cost of living payment, which totalled £326, was paid to eligible people from July 14. The second instalment is being paid from today and should arrive before November 23.

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