£10,000 government cash to adapt to a changing world

£10,000 government cash to adapt to a changing world

A discussion paper proposes radical plans for universal benefits to help people adapt to economic, technological and care challenges in the 2020s. The paper, ‘Addressing Economic Security’ from the Royal Society for the Encouragement of Arts, Manufactures and Commerce (the RSA), said a new social contract is needed to help people embrace the new environment and promote economic security.

At the centre of its proposals is a £5,000 annual payment for every family member for up to two years. This would enable people to retrain, try a new business idea, assume caring responsibilities or try a new career. Its research […]

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