Cost of Living updates LIVE: Millions of pensioners to get extra £300 payment after latest boost; plus money-saving tips

EXTRA cash will be provided to millions of pensioners on low incomes to help them during the cost of living crisis this winter.

Then Chancellor Rishi Sunak announced a one-off £300 payment earlier this year.

He said at the time: “We know that people are facing challenges with the cost of living and that is why today I’m stepping in with further support to help with rising energy bills.”

£2.5billion will go towards older households to help them heat their homes this winter.

That will arrive via the £300 “Pensioner Cost of Living Payment” which will be paid in November or December.

Those who already receive the winter fuel payment are eligible for this payment.

For those over the state pension age, the WFP is worth approximately £100 and £300 depending on your age and circumstances.

Other help includes a £326 tax credit boost paid to over one million Brits.

Read our live blog below for the latest updates….