IFS - Lump-sum cost of living payments poorly designed to alleviate deprivation
The government has introduced a series of ‘cost of living payments'. The largest of these are five instalments totalling £1,550 for households on means-tested benefits, with each instalment going to at least 7 million households. There are additional payments to people on disability benefits and pensioners. The total cost of these is nearly £19 billion over two years.