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Basic Income: Innovation and New Businesses

Question for Department for Business and Trade

UIN 63046, tabled on 26 June 2025

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential implications for his policies of the potential impact of international trials of universal basic income on levels of (a) entrepreneurship and (b) innovation in (i) small businesses and (ii) start-ups.

Answered on

3 July 2025

Universal Basic Income is not a government policy and therefore no assessments are planned related to international trials.