Chancellor rejects widespread calls for universal basic income, saying government ‘not in favour’

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Chancellor rejects widespread calls for universal basic income, saying government ‘not in favour’
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Over 170 MPs urged the chancellor to consider the radical policy to deal with economic impact of covid-19

He said: “Is that not quite disappointing because the way to answer these questions, the way to avoid thousands of people being laid off and ending up on universal credit and potentially getting trapped in the benefits system is to provide that minimum income guarantee for everyone – which will also provide a fiscal stimulus in the economy once we get through this crisis.”

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