The Green Party has made an election pledge of introducing a universal basic income by the year 2025, which will replace universal credit and guarantee every adult a minimum income of £89 per week.
These payments will be higher for single parents and individuals deemed unfit for work, including those with disabilities.
The party’s joint-leader Sian Berry told the BBC that the plans would come at a cost £76 billion, to be funded by taxation.The new universal income, which would be gradually implemented over five years, will cover all benefits apart from housing benefit and carer’s allowance.Berry said: “Only the […]
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