logo
Thousands of households to receive their share of £9million cost of living help through new scheme – are you eligible?

Thousands of households to receive their share of £9million cost of living help through new scheme – are you eligible?

The Sun2 hours ago
THOUSANDS of households will receive cash support to help with the cost of living crisis.
Ofgem 's Energy Redress scheme, managed by the Energy Saving Trust, provides cash grants to charities and community groups across the UK.
1
It was first launched in 2018 with the aim of supporting vulnerable households with energy bills and carbon reduction.
In the latest round of the scheme, more than £9million in grants has been awarded to 31 charities and community groups in England, Scotland and Wales.
The cash will be divided across the groups, with the charities then using the money to support struggling members of their community.
For example, vulnerable residents in Elgin, Scotland could get help with financial support through the charity Moray Food Plus.
Ofgem has given the group £81,199 to help carry out its home visits, where they offer help with energy bills and a money advice service.
They will also provide energy advice to people in or at risk of fuel poverty.
If you live in the area and think you could avail yourself of the service then you can find out more by visiting, morayfoodplus.org.uk.
Elsewhere, Citizens Advice Liverpool Energy Advice and Support Project has been given £772,091 to offer energy support and financial assistance to residents of the area.
They aim to support 9,500 households in total, targeting those at highest risk of fuel poverty.
The charity will help with home visits and also provide assistance with fuel vouchers and energy efficiency grants.
Families can get FREE washing machines, fridges and kids' beds or £200 payments this summer – and you can apply now
You may not need to apply for this grant as the charity will look at NHS 's vulnerable patient finder tool, EPC and Council Tax data, to identify those at highest risk of fuel poverty.
If you think you are at risk of fuel poverty and live in the area you can contact citizensadviceliverpool.org.uk for more information.
Elsewhere, Citizen's Advice in South West Staffordshire and South East Staffordshire have been awarded £441,435 to help those struggling with bills.
The aim is to provide crisis support and advice on energy efficiency.
If you think you could be eligible, you can ask for more details by visting, citizensadvicessw.org.uk.
You can check out the full list of grants below:
Bath and West Community Energy - £656,258
Derby City Mission Ltd - £91,506
Nadder Community Energy - £70,000
South East London Community Energy - £100,137
Bristol Energy Cooperative - £242,543
Derbyshire Districts Citizens Advice Bureau - £356,199
North Kensington Community Energy - £485,133
South Hams Citizens Advice Bureau - £447,349
Burmantofts Community Projects - £635,086
Grand Union Community Energy - £366,200
Nottingham Energy Partnership - £235,733
Swindon and District Citizens Advice Bureau - £187,996
Caritas Diocese of Salford - £249,658
Greener Kirkcaldy - £272,542
Opening Doors - £47,163
The C.H.E.E.S.E. Project CIC - £158,759
Citizens Advice Liverpool - £772,091
Huntly Development Trust Limited - £127,659
PEC Renewables - £685,121
Age Concern Tyneside South - £104,829
Citizens Advice Mid Mercia - £441,435
Isles of Scilly Community Venture CIC - £147,204
Repowering Limited - £447,070
Age UK Bolton - £210,693
Community Action Northumberland - £303,994
KeyRing-Living Support Networks - £99,205
Rural Cambs Citizens Advice Bureau - £270,000
Ashden Climate Solutions - £89,753
Cwm Arian Renewable Energy - £246,725
Moray Food Plus - £81,119
South East London Community Energy - £100,137
It is worth noting that not every charity offers direct cash grants to struggling households.
For example, Huntly Development Trust Limited will receive £127,659 for its Gartly Moor HDT project.
This aims to develop a 16MW (4-5 turbine) wind farm on Forestry and Land Scotland ground.
Russell Ogilvie, head of enforcement at Ofgem, said: 'This funding, which is a direct result of Ofgem's enforcement and compliance work, shows that when energy companies fall short, we hold them to account and help deliver tangible support for those who need it most.
'From tackling fuel poverty to backing innovative carbon-cutting projects, the Energy Redress Scheme continues to empower communities across Great Britain."
Support if you are struggling
If you are struggling there are ways to get financial support.
For example, cash-strapped families can get access to money through the Household Support Fund (HSF).
The scheme has been extended multiple times with the latest round running between April 2025 and March 2026.
Each council in England has been allocated a share of the £742million fund and can distribute it to residents in need.
Eligibility criteria varies based on where you live but usually help is offered to those on benefits or a low income.
For example, households in .
Elsewhere, households in Wealden District Council can apply for free cash worth £200.
How to cut your bills
IF you're struggling financially, you might be able to cut the cost of your bills to help you get out of the red.
Council tax: You can apply for a council tax reduction on the Gov.uk website but you'll need to meet certain criteria. Your bill could be cut by as much as 100 per cent if you're on a low income or claim benefits. Carers who look after someone in the household for at least 35 hours a week are also exempt from paying.
Water: Households might be able to save money by getting a water meter but it all depends on how much you're using. To check if it's finacially worthwhile, use the Consumer Council for Water's free ater meter calculator.
Rent: If you have the space available and your landlord or local authority says it's ok to do so, you might want to consider getting a flatmate. Not only will you split the cost of the rent, but also the other bills.
Hire purchase: If you're struggling to make your repayments on your hire purchase, you can usually end the contract by returning the goods. You will have to pay all the instalments due up to the time you end the agreement but this will limit the amount you owe. Contact Citizens Advice for free for more help with this.
Gas and electricty: MoneySavingExpert says families can save £330 on average by switching from Standard Variable Tariffs (SVTs) to a better rate. Use a comparison site such as MoneySuperMarket or Energyhelpline to see what deals are available.
Mortgage: If you get into debt with your mortgage payments, don't wait for your lender to chase you. Work out what you can afford using the Citizens Advice budgeting tool so you can discuss your payment options moving forward with your mortgage provider.
Secured Loan: Your secured loan might be covered by the Consumer Credit Act and if it is, you may be able to apply for a Time Order. This is a special agreement by the courts allowing you more time to make payments. Secured loans not covered by the Consumer Credit Act include gas, electricity or water meters, payments that need to be written off in full, mortgages, credit union loans, loans from an employer and some short term trade agreements.
County Court Judgements: If you receive a County Court claim form talk to a free debt advice service straight away. This includes Citizens Advice (0808 800 9060), StepChange (0800 138 1111) and the National Debtline (0808 808 4000).
TV licence: Some households are eligible for a reduced fee or free TV Licence. Check here to see if you are entitled to a reduced or free rate.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Starling extends business banking suite with Ember acquisition
Starling extends business banking suite with Ember acquisition

Finextra

time2 minutes ago

  • Finextra

Starling extends business banking suite with Ember acquisition

Starling Bank has acquired accounting software firm Ember in an effort to extend its offering for the small business banking market. 2 The acquisition - which is reportedly in the sub-£10 million range - will provide Starling with a ready-made suite of bookeeping and tax tools for solo entrepreneurs and small businesses. 'It's a natural complement to start offering invoicing, accounting software, tax software, alongside traditional banking products, like credit related loans and facilities,' Declan Ferguson, Starling Bank's chief financial officer, told Bloomberg. Starling currently provides banking services for 500,000 small and medium-sized business. The deal to buy Ember comes ahead of the introduction of new HM Revenue & Customs rules that will require sole traders and landlords to submit quarterly returns on income and expenses claims. Ember currently provides services for the likes of HSBC, Lloyds Banking Group, Barclays and fintech rival Revolut. These will be discontinued as Starling folds the software into its business banking app.

More businesses forced to close in July as cost pressures mount
More businesses forced to close in July as cost pressures mount

The Independent

time3 minutes ago

  • The Independent

More businesses forced to close in July as cost pressures mount

The number of companies going bust across England and Wales remained elevated last month, new data shows, as pressures intensify for firms grappling with higher costs. Official data from the Insolvency Service showed there were 2,081 company insolvencies in July, edging up by 1% compared with June. The number of compulsory liquidations was slightly higher than in June and up 11% compared with the same month in 2024. Compulsory liquidations happen when a company is forced to close when it cannot pay money owed to creditors. July's figure was also a quarter higher than the monthly average across 2024, the data showed. The level of firms facing insolvency has remained elevated since reaching a 30-year annual high in 2023. Construction firms continue to come under the most pressure, with 3,984 insolvencies in the 12 months to July – making up 17% of all cases. This is followed by wholesale and retailers, who made up 16% of all company insolvencies. Experts said firms are being challenged by 'relentless uncertainty' in the global economic environment. Simon Edel, UK turnaround and restructuring strategy partner at EY-Parthenon, said: 'Many businesses are also contending with higher costs including recent increases to employer national insurance contributions and the national living wage. 'With interest rates still relatively high – alongside significant working capital demands and a constrained credit environment – liquidity pressures are intensifying for more UK companies. 'This is causing more businesses and stakeholders to call time.' Freddy Khalaschi, business recovery partner at Menzies, said: 'The summer heat is bearing down on British businesses. 'Thames Water's reserves are drying up, Claire's has fallen into administration, River Island narrowly avoided the same fate after the court agreed a restructuring plan, and more than 1,000 pubs and restaurants have gone under since the last Budget. 'Consumer confidence remains fragile, house prices are falling and falling job vacancies suggest that businesses are cutting back, with hiring costs rising and with AI and automation starting to make their presence felt.'

Rising UK State Pension age may push retirement to 70
Rising UK State Pension age may push retirement to 70

Scotsman

time3 minutes ago

  • Scotsman

Rising UK State Pension age may push retirement to 70

A new government review could reshape when you can claim your pension 🕰️ Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Labour is reviewing the possibility of raising the UK State Pension age to 70 The review may tie future increases to life expectancy, following models used in countries like Denmark Experts warn automatic increases could create uncertainty and disrupt retirement planning Over-60s may need to plan for a longer working life and consider personal savings But immediate changes are limited: currently, the pension age rises to 67 next year and 68 by 2044-46 If you're approaching retirement, a new government review could directly affect when you get your State Pension, and how long you might have to wait. Labour is exploring the possibility of raising the State Pension age to 70, with the latest review examining whether future increases should be tied automatically to life expectancy, reports The Telegraph. Advertisement Hide Ad Advertisement Hide Ad The review is being led by Suzy Morrissey, an expert commissioned by Work and Pensions Secretary Liz Kendall, who is exploring the 'merits' of automatic adjustments. Countries such as Denmark, Finland, Italy, and the Netherlands already link retirement age to life expectancy, and Denmark recently raised its pension age to 70. Morrissey will be studying these models to see what lessons the UK could take from them. But what does it mean for UK pensioners and their money? How likely is it that such a radical change could be brought in? Here is everything you need to know about it. Liz Kendall MP, Secretary of State for Work and Pensions, leaves Downing Street after a weekly cabinet meeting on January 21, 2025 (Photo:) | Getty Images Why might changes be made? Life expectancy is a key factor in the debate. UK life expectancy at age 66 has continued to rise, although improvements have slowed compared with previous forecasts, partly due to pandemic-related reversals. Advertisement Hide Ad Advertisement Hide Ad Current projections suggest a 66-year-old in 2050 might live until 87, compared with 90 under older 2014-based forecasts. As mentioned above, Denmark's approach offers one potential model. The Danish system effectively caps the amount of time anyone can spend claiming state support, legislating that the average retirement period should be 14.5 years. By contrast, the UK aims for future generations to spend 'up to a third' of adult life in retirement, a target that could mean later pensions if life expectancy continues to rise. Advertisement Hide Ad Advertisement Hide Ad The review is also taking place amid long-term pressures on public finances. State Pension spending has risen 19% over the past decade and 70% over 20 years in real terms. Politicians have previously tried to accelerate increases to reduce costs, including former Chancellor Jeremy Hunt, who attempted to bring forward the rise to 68 in the late 2030s. Declining life expectancy made the plan politically unworkable. What does it mean for pensioners? For pensioners in the UK, the immediate picture is less drastic. The State Pension age is set to rise to 67 from next year and is scheduled to reach 68 between 2044 and 2046. Any increases beyond that, including the controversial age of 70, are likely at least a decade away. Advertisement Hide Ad Advertisement Hide Ad But the review signals that retirement planning in the UK could become more unpredictable, particularly if automatic formulas are adopted. How likely is a change? Experts warn that tying State Pension age strictly to life expectancy could create 'chaos' in retirement planning. Sir Steve Webb, a former pensions minister, says that different population projections could swing the retirement age by up to eight years. 'Every time the population projections are updated, this could move the dates for pension age changes by up to a decade, making it very difficult for people to plan their finances,' he adds. Catherine Foot, director of the Standard Life Centre for the Future of Retirement, is already warning that working to the current pension age isn't realistic for everyone. Advertisement Hide Ad Advertisement Hide Ad 'People aged 60-65 are experiencing the fastest-growing rate of poverty for any working-age group,' she says, citing ill health, caring responsibilities, and ageism as barriers. Using average life expectancy to set pension age could push retirement further away for those already struggling. For now, the review is in the evidence-gathering stage, with recommendations expected in several years' time, but for over-60s and those planning retirement, it's a reminder that pension timelines are not set in stone. Those approaching retirement may need to plan for a longer working life, consider personal savings, and stay informed about potential policy shifts. Advertisement Hide Ad Advertisement Hide Ad

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store