Labour's £750 Cost of Living Support: Unclaimed Billions

Labour Partys New Cost of Living Support Package: Unclaimed Billions and the Need for Quick, Coordinated AssistanceThe Labour Party recently announced a £750 cost of living support package to help households grappling with rising expenses. However, billions in grants, benefits, and vouchers go unclaimed annually, as highlighted by financial support platforms like Lightning Reach. Ren Yi Hooi, Lightning Reachs founder, warns of impending tax increases in the upcoming budget, exacerbating household financial strain. Despite facilitating £20 million in total support, including £7.5 million for energy assistance, billions in vital help remain unclaimed due to a complex system. The new cash support can be deposited into bank accounts within days, and Lightning Reachs portal simplifies the process of finding and applying for various support schemes. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.