Left-wing think tank Compass has outlined two ways an income for all could be introduced, leading to Universal Credit and the state pension being axed A Universal Basic Income could cost less than the current welfare reforms, claims think tank Compass after modelling how it could be introduced to the UK and replace Universal Credit .
The left-wing economists’ report lays out two methods of doing this – a fast-track and slow-track route.
The quicker way would see the government pay every adult aged 18-64 £60 per week regardless of earnings with £40 per child up to the age of 17 […]
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