France considers idea of giving everyone £660 a month for doing nothing

France considers idea of giving everyone £660 a month for doing nothing

Benoit Hamon backs the idea of Universal Basic Income (Picture AFP Getty) It was once a radical idea, but it’s entering the political mainstream – as French politicians suggest handing a monthly wage of up to £660 to everyone, rich and poor.

Financed by higher taxes, the move would ensure people could survive, even as robots take millions of jobs in the coming decades.

Two of the seven candidates vying to represent the ruling Socialist Party in this year’s presidential election are promising modest but regular stipends to all French adults.Known as ‘universal basic income’, the idea has become popular as […]

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