Universal Basic Income in Wales ‘would cut poverty in half’

Universal Basic Income in Wales ‘would cut poverty in half’

Poverty in Wales would be halved if the Welsh Government established a Universal Basic Income (UBI) system in the country, a major study has found.

The research, carried out by leading think tank Autonomy, found UBI would decrease overall poverty rates in Wales by 50%, and child poverty would decrease by 64%, bringing it to a rate of under 10% in Wales.

It is currently at 28% – the worst in the UK.It also found nearly three quarters of people in Wales, 69%, support piloting UBI.UBI is a government programme in which everybody receives a set amount of money on a […]

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