Written Question·Treasury·UIN 62230

Basic Income

Tabled: 24 June 2025
Answered: 30 June 2025
Named Day

Question

Bell Ribeiro-Addy

LabourClapham and Brixton Hill

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of universal basic income on (a) income distribution and (b) wealth inequality.

Answer

Emma Reynolds
HM Treasury does not prepare forecasts for the UK economy. These forecasts, including any assessment of the macroeconomic impact of policy decisions, are the responsibility of the independent Office for Budget Responsibility (OBR). The OBR publish their f...

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