A pilot Universal Basic Income (UBI) scheme is to be launched in Wales, the first minister, Mark Drakeford, has revealed. Under a UBI system, every citizen, regardless of their means, receives regular sums of money for life to cover the basic cost of living. Its proponents argue that it can alleviate poverty and give people time to retrain and adapt to changing workplaces, be more creative and become more active and involved. Sophie Howe, the future generations commissioner for Wales, said, “Signalling basic income as a priority for the new government is an incredibly significant commitment by the first minister to tackling Wales’ poverty and health inequalities. It’s a huge moment. The current system isn’t working. Wales’ commitment to exploring a basic income once again proves it’s often the smallest countries that can be world-leading and make the biggest changes.”

Read Full Story