A third of UK business leaders support a universal basic income – as robots threaten millions of jobs

A third of UK business leaders support a universal basic income – as robots threaten millions of jobs

A third of Britain’s business leaders support the introduction of a universal basic income (UBI), according to one of the first surveys of industry opinions of the radical policy.

Researchers at the Royal Society of Arts , a leading advocate of UBI, said they were surprised to find that 31 per cent of 1,111 surveyed executives support the tax system.

Under UBI, which is backed by Elon Musk, Mark Zuckerberg and Richard Branson, citizens receive a cash allowance from government regardless of whether they are in work.Supporters hope that the system would provide a financial buffer to workers who lose their […]

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