Millions on benefits are set to get an EXTRA payment before the end of the year. Department for Work and Pensions ( DWP ) benefits claimants including those in receipt of Personal Independence Payment (PIP) will get a £10 bonus.

Sarah Coles, head of personal finance at Hargreaves Lansdown, said the figure has fallen so far behind inflation that it’s "now the kind of sum that the kids of better off families might find tucked into a Christmas card".

"If you’re facing Christmas on a tight budget, the earlier you can start preparing for it, the better." She added: "Some people will buy presents throughout the year, whereas others will put something aside each month into an easy access savings account."

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