More than 500 young people will be offered a no-strings-attached sum of £1,600 ($1,940) each month for two years from their 18th birthday in a universal basic income (UBI) experiment in Wales.
On Tuesday, the Labour-led Welsh government announced that it will roll out the scheme from Friday, July 1 for “care leavers,” or adults who have spent time living in the care system, away from their families.
