Universal Basic Income: The Solution to Inflation in the UK? | Vantage with Palki Sharma

Jun 5, 2023 | Universal Basic Income: The Solution to Inflation in the UK? | Vantage with Palki Sharma A think tank wants to pilot a Universal Basic Income project in the UK. The experiment is a bid to find solutions for the UK's crippling cost-of-living crisis. Currently, the British government is struggling to curb runaway food inflation. Downing Street is heading for confrontation with supermarkets over a proposed voluntary price cap. Will the UK government find a way to address the cost-of-living crisis? Palki Sharma decodes

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Universal Basic Income of £1,600 a Month to be Trialled in Two Places in England

THE GUARDIAN: Scheme to run for two years and participants will be monitored to see what effect it has on mental and physical health

A universal basic income of £1,600 a month is to be trialled in England for the first time in a pilot programme.

Thirty people will be paid a lump sum without conditions each month for two years and will be observed to understand the effects on their lives.

Two places in England have been selected for the micro pilot scheme: central Jarrow, in north-east England, and East Finchley, in north London.

Will Stronge, the director of research at the thinktank Autonomy, which is backing the plan, said of the £1,600 figure: “This is a substantial amount. Universal basic income usually covers people’s basic needs but we want to see what effect this unconditional lump sum has on people’s mental and physical health, whether they choose to work or not.

“Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.” » | Dahaba Ali Hussen | Sunday, June 4, 2023

The Case for a Universal Basic Income | Free Lunch on Film

Dec 20, 2021 • The coronavirus pandemic has opened the door to radical economic reform, argues FT columnist Martin Sandbu. A no-strings regular cash transfer to everyone could shake up the welfare system, bring new economic security, and create more opportunities for all. Welcome to Free Lunch on Film where unorthodox economic ideas are put to the test.