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UK Minister Proposes Universal Basic Income Amid AI Job Losses

1/29/2026

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Summary

Story summary

Jason Stockwood, the UK Investment Minister, proposed a universal basic income to support workers affected by AI disruptions.
He framed UBI as a concessionary arrangement to aid retraining as industries evolve, marking a shift from his wealth tax stance.
Researchers warn the UK is losing more jobs than it creates due to AI.
Stockwood succeeded Poppy Gustafsson, who resigned after a brief tenure.

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Story summary

Jason Stockwood, the UK Investment Minister, proposed a universal basic income to support workers affected by AI disruptions.
He framed UBI as a concessionary arrangement to aid retraining as industries evolve, marking a shift from his wealth tax stance.
Researchers warn the UK is losing more jobs than it creates due to AI.
Stockwood succeeded Poppy Gustafsson, who resigned after a brief tenure.