Move to replace Universal Credit with a basic income for all gathers pace

Support is growing for a new Universal Basic Income system that could replace Universal Credit and other benefits in the UK.

A network of local groups - known as UBI labs - have now been established to explore how a basic income for all could work.

And with Labour suggesting a pilot of the radical new system may be in their election manifesto, the idea seems closer than ever to coming to fruition.

Groups in Liverpool and Sheffield have already achieved success with their research - with Liverpool City Council backing a motion calling for a UBI trial in the city.

How would it work and how much would people get?

A Basic Income, also known as a Universal Basic Income (UBI), is a regular payment from the state to everyone, regardless of their income or employment status. Proposals for a Basic Income range from £50 per week for every adult to over £100 per week for every adult and child.

Supporters believe that a Basic Income would guarantee everyone the right to basic financial security by providing a regular income boost for millions in Britain.

Could the UK bring in a Universal Basic Income? (PA)

They also believe that it would give people more freedom to pursue education and training later in life, start a business, or take time out to care for a loved one without facing financial penalties.

Jonathan Reynolds MP, the Shadow Economic Secretary to the Treasury, MP for Stalybridge and Hyde and a Basic Income proponent, explained the growing interest in the idea across the North.

He said: “There is a lively discussion taking place about Basic Income around the world. There is definitely an appetite for that here in the North of England, where many areas have experienced de-industrialisation, insecurity and increased deprivation. I’m looking forward to being part of the conversation.”

Could Liverpool be first?

In short, yes.

The City Council has already passed a motion calling for the city to pilot such a scheme - and John McDonnell has pointed to his home city as an idea place to trial a UBI plan.

This would of course rely on the Labour Party coming into power in the December election.