A BASIC income pilot scheme is being introduced in part of the UK which will pay participants £1,600 a month.
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Everyone involved in the scheme, taking place in Wales, will receive £19,200 a year, or £1,600 a month, for 24 months from their 18th birthday. The trial will cost the Welsh government approximately £20million but could be rolled out to other parts of the UK if it’s successful.Universal Basic Income schemes have been trialled in other parts of the world – most recently Finland – to some degree of success.The idea of […]
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