In an experiment for Universal Basic Income, residents in London receive free money

In an experiment for Universal Basic Income, residents in London receive free money

Lucy Idris, 31, praised the cash's lack of judgement and said she wouldn't exist without it.

The pilot trial began this month when over 70 participants were handed a one-off monthly stipend to spend on whatever they desire.

Local campaigners set up ‘mutual aid' schemes 18 months ago to help relieve local epidemic poverty.
A new wave of research is examining how a UBI might work in practise.

People want and need fundamental necessities, yet even the most basic necessities in the capital cost significantly more than the £50 a month being given away by the crowdfunded research.

Despite the little payment, organisers hope the trial can demonstrate the value of a UBI.

Lucy, a hotel chef from Hackney, said she used the money for shopping, bills, and school uniforms for her two girls, ages 4 and 7.

‘It's a great concept, they don't judge you,' she told You can spend it on whatever you choose.

‘Those that take it, truly need it.

A benefit is not provided to you easily.

Lucy was ‘shocked and dubious' when she first learned about the mutual help schemes that the UBI trial partially supported in December.

The deal seemed too good to be true.
‘Basic income should be given to everyone in all (London) boroughs,' she says now.

‘I don't know how I would survive without it.

‘I know I'm going to get this £50 at the end of the month, and that's going to see me through,' she says.

Advocates of a UBI argue that it eliminates poverty while enhancing job satisfaction and living standards.

Critics say it will be too costly and deter workers.

Applicants for the ongoing mutual aid programmes just need to live in certain London neighbourhoods, submit evidence of address and bank account data, and be homeless.
Stephen Bell, of Brent, claimed he used the money to pay for food and power.

As a result of Covid, the 43-year-old self-employed events planner said he will receive £50 or £30 a month from July 2020.

People should learn from the study and come up with better ideas, he said.

The report comes as the £20-a-week Universal Credit boost is reduced and the UK cost of living rises.

Since the Covid-19 issue began, the London Solidarity Fund Federation has helped those in need, and this month it teamed up with the Basic Income Conversation to support those in need.
As co-founder Cleo Goodman noted, ‘We are delivering a message that many individuals are unable to work or feed their families without a basic income.'

So we can ensure financial security for all residents, we believe this trial will highlight the impact a basic income may have on people's lives.

Cleo told that it is too early to gauge the scheme's full impact and what it would mean for a wider UBI deployment.

The extra money was making a huge difference, she said anecdotally.

UBI has a wide range of supporters across the political spectrum.
Last year, then-Green leader and London Mayoral candidate Sian Berry told why she favoured one for the capital.

Rebecca Woo said the mutual aid groups that sprung up as the virus struck had underscored how crucial financial help is.

Rebecca, from the Newham Solidarity Fund, said people were falling through the holes in the Government's support and needed funding.

With this study, she aimed to highlight how important a basic income is by comparing solidarity fund payments to a basic income.
‘More unconditional financial support is needed than what the solidarity funds are providing.

In order to live with dignity, it must be sufficient and universally available.

Conservative mayoral candidate Shaun Bailey said in March that people would blow a basic income on ‘lots of drugs'.

Others argue that giving money to the wealthy will promote unemployment and inequality.