We cannot be tempted by a Universal Basic Income – it would do huge damage to the economy Read more The Government should consider giving £10,000 to every British citizen under the age of 55 as part of a new "universal basic income" fund, a report published today suggests.
Under proposals set out by the Royal Society for the encouragement of Arts, Manufacturers and Commerce (RSA), anyone will be able to claim a £5,000 "dividend" for up to two years, taken at a time of their choosing over the course of a decade.
The Universal Basic Opportunity Fund (UBOF) will act […]
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