Industry charity NewstrAid, have announced a 10% increase to their regular benefit amount, the second increase in just 2 years.
Neil Jagger, CEO for NewstrAid said; “Given the ongoing increase in inflation and the hardship that so many people are facing at the moment, we felt it was essential that we again increase the amount we give to our regular beneficiaries to ensure they can continue to make ends meet.”
NewstrAid’s regular benefit is awarded 3 times a year to people who have worked in the sale and distribution of newspapers and magazines and who need long term support. The couple/ family rate of benefit distributed by the charity has been increased by £315 a year over the last 2 years in direct response to the cost of living crisis.
Welfare manager Katie Babooram said: Every week we are hearing from people who are continuing to struggle with the cost of living. Increasing the regular benefit amount will offer a bit of extra support to those who are finding it difficult to cope during these challenging times.
Since 2021 the charity says it has committed an extra £124k to supporting their regular beneficiaries during the economic crisis. In addition, since October 2022 their Cost of Living Crisis Fund has so far supported 179 households with one off grants to help bridge the gap between income and expenditure.
Further information about the financial support available can be found here and here.
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