Major Basic Income trial will give some Brits £1,600 a month each for two years

Major Basic Income trial will give some Brits £1,600 a month each for two years

The scheme will apply to around 500 people who are turning 18 and leaving the care system in Wales Young adults will be given £1,600 a month each for two years in a major trial of Basic Income.

The radical idea gives people a set payment to replace the benefit system and prepare for an age of robots taking over jobs.

Under ‘Universal’ Basic Income (UBI) this money could even go to all adults, rich or poor, working or not.However, the pilot announced today will apply only to about 500 young adults who have just left the care system in Wales.The […]

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