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Britain’s social security system is broken. Poverty levels and rates of insecurity are rising. Two quite distinct ideas are being promoted to help tackle these deep-rooted problems. The first is to implement a ‘basic income for all’ (BI). A modest basic income – one that paid around £10,000 a year to a family of four, no questions asked – would be feasible and affordable . It would cut poverty and inequality and reduce dependence on means –testing.Crucially, a BI would, for the first time, introduce a guaranteed and […]
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