Universal basic income could be used to soften hit from AI job losses in UK, minister says

The Guardian - World NewsEN 2 min read 100% complete by Lauren AlmeidaJanuary 29, 2026 at 11:40 AM

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UK Investment Minister Jason Stockwood suggested the government may consider a universal basic income (UBI) to mitigate job losses caused by AI. He stated that UBI and retraining programs could soften the impact on industries significantly affected by the technology. While UBI is not official policy, Stockwood indicated that government officials are discussing its potential implementation. His comments come amid growing concerns about AI's impact on the UK job market, with recent research suggesting the UK is losing jobs due to AI at a higher rate than other major economies. Stockwood emphasized the need to prepare the workforce for rapid technological change, citing potential civil unrest if displaced workers are not supported.

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Key Player Opposition Context

Travelers 30% World Economic Forum 30% Sadiq Khan 40% London 40% Jamie Dimon 40% JPMorgan Chase 40% Morgan Stanley 50% Financial Times ×360% United Kingdom ×580% Jason Stockwood ×690%

Keywords

universal basic income 100% artificial intelligence 90% job losses 80% uk 70% investment minister 60% retrain 50% tax 40% economic impact 40%

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Neutral

Score: -0.10

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The Guardian - World News

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