UBI of Nearly $2,000 a Month To Be Trialed In England

An anonymous reader quotes a report from CNBC: Thirty people in the U.K. could soon receive $1,983 each month if the trial (PDF) by independent think tank Autonomy secures funding. The basic income payments are estimated to cost 1.15 million pounds through the duration of the two-year project. During this time, researchers would assess the impact of the UBI cash on the lives of participants. A separate group who won’t be receiving the money each month will be monitored through one on one interviews, focus groups and questionnaires to understand the difference in their experiences. The trial is two years in the making. Dialogue with local communities during that time found strong support for UBI and informed how the trial was planned. It focuses on two areas in the U.K., one in East Finchley in the capital of London, which is often associated with a higher cost of living, and one in central Jarrow in the northeast of the country. Local citizens would be able to put themselves forward to take part in the trial and participant selection would be random. Autonomy has said they would work to ensure the trial group is representative, however. “All the evidence shows that it would directly alleviate poverty and boost millions of people’s wellbeing,” said Will Stronge, director of research at Autonomy. Stronge believes changes to the world we live in could also be a key driver in the adoption of UBI. “With the decades ahead set to be full of economic shocks due to climate change and new forms of automation, basic income is going to be a crucial part of securing livelihoods in the future,” he said. A UBI could even impact the way people feel about work, some research suggests. In 2022, 19% of Americans said it would ease their frustrations with their jobs. Read more of this story at Slashdot.