England to Trial Universal Basic Income of £1,600 per Month

TL;DR Summary
Independent think tank Autonomy has published plans for a two-year trial of a universal basic income (UBI) in the UK, which would see 30 people receive £1,600 ($1,983) each month. The trial would cost an estimated £1.15m and would assess the impact of UBI on participants' lives. A separate group would be monitored to understand the difference in their experiences. The trial would take place in two areas of the UK, with participants selected at random. UBI has been proposed as a way to alleviate poverty and take pressure off social security systems.
- Universal basic income of nearly $2,000 a month to be trialed in England for the first time CNBC
- Universal basic income of £1,600 a month to be trialled in two places in England The Guardian
- Universal basic income: Plans drawn up for £1,600 a month trial in England BBC
- Money for nothing: Universal income trialled in England for first time The Independent
- Editorial: Universal basic income may not be popular but it could soon be necessary The Independent
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
85%
634 → 93 words
Want the full story? Read the original article
Read on CNBC