£51m support fund to help families hardest hit by cost-of-living crisis
The Welsh Government is releasing extra funding from its reserves to target support towards lower income households, providing immediate support for people facing rising living costs this winter.
The first phase of the Household Support Fund will target heating and eating – providing families with extra help to pay their energy bills over the winter and giving extra funding to foodbanks and community food schemes.
It comes as the UK Government has refused to reverse the cut of its £20 Universal Credit lifeline for tens of thousands of families and the Bank of England is warning inflation will rise to 5% by the spring, pushing prices even higher.
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