Labour’s basic income plan for all could cost over £100 billion extra

Labour’s basic income plan for all could cost over £100 billion extra

LABOUR’S basic income plan for all could cost over £100billion extra, it was claimed last night.

Under Jeremy Corbyn , adults — in work or not — would get free cash handouts, with means-tested benefits axed. AFP or licensors Jeremy Corbyn’s free cash handouts could cost us over £100billion extra in welfare But if set at about £70 a week nationwide it would cost £288billion a year — up from £182billion on welfare now, Bath University’s Dr Luke Martinelli said.

Work and Pensions Secretary Amber Rudd said some benefit claimants would be worse off.A low-income three-child family would get £8,500 less […]

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