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<p>It is not possible to produce a robust estimate of the number of pensioners who
will be living in poverty during the winter 2022/23. Projecting poverty involves projecting
forward the impact of the cost of living on every household’s income which is not
possible to do with confidence.</p><p> </p><p>The Government is committed to action
that helps to alleviate levels of pensioner poverty.</p><p> </p><p>In 2020/21 there
were 400 thousand fewer pensioners in absolute poverty in the UK (both before and
after housing costs) than in 2009/10.</p><p> </p><p>We are forecast to spend over
£134 billion on benefits for pensioners in 2022/23. This amounts to 5.4% of GDP. This
includes spending on the State Pension which is forecast to be over £110bn in 2022/23.</p><p>
</p><p>On top of this, the government understands the pressures people are facing
with the cost of living and has taken further decisive action to support people with
their energy bills. The new “Energy Price Guarantee” will mean a typical UK household
will now pay up to an average £2,500 a year on their energy bill for the next two
years from 1 October, saving the average household in Great Britain at least £1,000
based on current energy prices from October. This is in addition to the over £37bn
of cost of living support announced earlier this year which includes the £400 non-repayable
discount to eligible households provided through the Energy Bills Support Scheme.</p><p>
</p><p>This includes a one-off payment to pensioners households of £300 through and
as an addition to the Winter Fuel Payment from November.</p><p> </p><p>The government
is providing an additional £500 million to help households with the cost of household
essentials, on top of what we have already provided since October 2021, bringing total
funding for this support to £1.5 billion. In England this will take the form of an
extension to the Household Support Fund backed by £421m. Devolved administrations
will receive £79 million through the Barnett formula.</p>
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