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

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.

UBI is a government programme in which every citizen receives a set amount of money on a regular basis, regardless of their employment status.

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