Everyone under the age of 55 should be given £10,000, report urges

Everyone under the age of 55 should be given £10,000, report urges

The Basic Opportunity Fund aims to help millions of people trapped in poverty (Photo: Getty) All Britons under the age of 55 should be given two payments of £5,000 to spend as they wish, it has been argued.

The Basic Opportunity Fund could be taken up across any two years within a decade, according to proposals by The Royal Society for the encouragement of the Arts, Manufactures and Commerce (RSA).

The RSA said millions of people circle in and out of poverty, are exposed to insecure forms of work, and that the current welfare state is not suitable in its current […]

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