Economics
Universal Basic Income Is Key to U.K. Recovery, Think Tank Says
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The U.K. should introduce a universal basic income to get cash to struggling Britons along with a raft of other measures, according to proposals by the Royal Society for Arts.
The government should initially pilot a 2,500 pound ($3,000) direct cash payment through the existing tax infrastructure, the RSA’s Future Work Centre said in a report published Wednesday. This could be expanded to a 5,000-pound universal basic income over time and combined with other benefits, it said.