Labour Considers ‘Universal Basic Income’ Policy

‘John McDonnell, the shadow chancellor, has said that the Labour Party will consider universal basic income as a part of its new economic policy, during a talk at the London School of Economics a fortnight ago.

Mr McDonnell said: “It’s an idea we want to look at. Child benefit was a form of basic income so it’s not something that I would rule out.”

At the very least, this indicates the idea of universal provision has regained some credence in the face of a longstanding and seemingly unchallengeable political norm of increasing means-testing and welfare conditionality, established by the Thatcher administration, and radically extended by the current government.’

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