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Navigating the Worsening London Cost-of-Living Crisis: Government Assistance and Co-Living Solutions
Posted: Oct 25, 2023
The London cost-of-living crisis is getting worse, and there are a lot of things that are making it worse. Co-living can help make it better - and so can the government.
The government is assisting you in a few ways to get through this trying time. The majority of people in Britain worry a lot about paying their energy bills, as rising costs are forcing many to make desperate choices. Despite the fact that heating is not a top priority during the summer, many people are skipping using the oven and have even stopped turning on their televisions, computers, and video game consoles.
However, beginning in October, the government has promised to provide all UK households with a £400 energy rebate to help alleviate some of the pressure. The initial £200 rebate that was announced earlier this year will be replaced by the £400 rebate, which, in contrast to the initial offer, does not require repayment.
The government's "Help for Households" initiative covers almost all aspects of daily life in addition to energy support. Find out more about the various topics being covered:
Income support: You may be eligible for benefits and financial assistance, such as the amount you pay in National Insurance, pension credit, or Universal Credit. The Time to Pay arrangement is one of the available options if you are having trouble paying your tax bill.
Support for the family: These benefits include tax-free childcare, free school meals, vouchers for Healthy Start, and free childcare for those who qualify.
Housing assistance: The government is concerned about many aspects of household expenses and offers assistance. From assistance with your water bill and covering all or part of your rent to rebates on council taxes, cheaper phone and broadband options, and more.
Support for transportation: The UK's fuel duty on gasoline and diesel has been reduced by 5 pence per liter across the board through March 2023. If you are on Universal Credit, you can also get 50% off travel.
Support at work: Having a job is essential during these trying times. Through JobHelp, you can get individualized support, helpful hints, and advice for finding your next job. The website also lets you look for and apply for jobs in a variety of sectors. For those who have spent money on items related to their jobs, there is also a great tax benefit.
Knowing that the government is here to assist is comforting as inflation reaches a 40-year high and people are struggling.
When you try co-living London, you can get all bills taken care of in one place.
I'm Alex Levin, a 35-year-old travel enthusiast who loves exploring the world and sharing my experiences through articles. I'm passionate about modern-day life and enjoy crafting pieces that shed light on our interconnected world.