NewstrAid launches Cost of Living Crisis Fund to help those struggling to pay their bills.

NewstrAid, has announced the launch of a brand new fund aimed specifically at providing financial support during the current cost of living crisis.

The NewstrAid Cost of Living Crisis Fund offers up to £250 per household and aims to help bridge the gap between income and costs for hundreds of people who are currently working or have previously worked in the sale or distribution of newspapers and magazines in the UK. Applicants will be required to fulfil a short list of criteria.

Neil Jagger, CEO for NewstrAid said: “With millions of people cutting back on energy use and reducing their spend on food and essentials as a direct result of the cost of living crisis, we felt it was vital to launch a fund that can provide some financial assistance to anyone in the industry who is finding it difficult to make ends meet.”

The launch of this new fund comes after the charity increased the amount of the Winter Comfort Grant paid to their most vulnerable existing beneficiaries in October.

Neil Jagger added, “This special fund has been created particularly with those who don’t already receive help from us in mind. The cost of living crisis is putting everyone’s finances under pressure and this fund aims to help those who may not have received support before but whose household finances are now at breaking point.”

Anyone interested in applying to the fund should visit the NewstrAid website for details on how to apply and the eligibility criteria. NewstrAid can also offer a wide range of financial, emotional and practical support including state benefit advice to anybody from the industry. www.newstraid.org.uk  Freephone 0800 917 8616.

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For Media information contact: Lindsay Rule; lindsay@newstraid.org.uk

About NewstrAid  www.newstraid.org.uk

NewstrAid is a charity which aims to provide welfare for people who are, or have been, employed in the selling and distribution of newspapers and magazines in the UK and who find themselves in hardship. This includes their immediate family and dependants who are in need or in distress. The charity has been in existence for over 180 years and counts Charles Dickens amongst its presidents.