John McDonnell has revealed a Labour Government will trial universal basic income.
Cities earmarked for pilot schemes include Liverpool and Sheffield, the shadow chancellor said.
UBI means every citizen receives a fixed sum, usually enough money to live on, whether they are rich or poor, in work or unemployed.The radical-sounding idea has been tried in countries including Kenya and Finland and even in parts of the US.And the shadow chancellor was this week handed a feasibility report for its application in Britain.Under Labour , pilot projects would give everyone in designated areas a certain amount of cash every week – regardless […]
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