Universal basic income in Wales ‘would cut poverty in half’

Wales Online

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 every citizen receives a set amount of money on a regular basis, regardless of their employment status.

It is a minimum payment, designed to meet basic needs, paid to everyone individually, unconditionally.

Earlier this year the Welsh Government announced its ambition to pilot a form of UBI in Wales, but suggested the scheme would focus on specific groups of people, like care leavers.

However, campaigners including UBI Lab Wales, the future generations commissioner Sophie Howe and more than 1,000 petitioners have since called on the First Minister to ensure the pilot includes children, the employed, the unemployed and pensioners, as well as care leavers.

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