England is set to conduct its first trial of universal basic income (UBI), with 30 individuals receiving £1,600 per month without any conditions. The trial aims to explore the potential benefits and drawbacks of implementing UBI as a means to simplify the welfare system and address poverty.
Universal basic income is a guaranteed income provided to all individuals in society, designed to cover basic needs and establish a minimum income floor. It is paid directly to individuals rather than households and is issued at regular intervals. There is no means testing or eligibility criteria, and it is paid in cash […]
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