Labour could introduce universal basic income to replace means-testing benefits

Labour could introduce universal basic income to replace means-testing benefits

Labour’s next manifesto could include radical plans for a universal basic income (UBI), John McDonnell said.

The shadow chancellor said the policy, which replaces means-tested benefits with a flat rate paid to all citizens, was an idea that "a lot of people are pressing for".

Supporters of UBI claim it would reduce the bureaucracy involved in means-testing benefits and could also help address future challenges as jobs are replaced by automation and artificial intelligence.But critics argue it involves giving taxpayers’ money to wealthy individuals who do not need it rather than focusing on those who require support.Mr McDonnell (pictured) told the […]

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