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A Minimum Income Guarantee for the UK

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Arnold, Sarah ; Stirling, Alfie

New Economics Foundation, London

NEF - London

2020

4 p.

epidemic disease ; social security financing ; guaranteed income

United Kingdom

Policy Brief

Social assistance and social work

https://neweconomics.org/

English

Bibliogr.

"We are in the midst of a severe, global recession. The spread of the COVID-19 pandemic has caused countries to implement the most significant public health interventions in post-war history. Entire populations are now practicing social distancing and isolation. The effects on GDP are expected to be significant, with some forecasters predicting a quarterly contraction of 15% over the next three months for the UK. Unemployment is expected to reach levels not seen since the 2008 financial crisis, with almost half a million new applications to universal credit in less than two weeks. ..."

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