Skip to main content

Could Scots be guaranteed a minimum income?

by Ivana Gazibara, Sep 3
2 minutes read

The Scottish government is to start work on plans for a Minimum Income Guarantee (MIG)  scheme aimed at wiping out poverty. The MIG would aim to provide everyone in Scotland with a minimum acceptable standard of living – so that everyone has enough money for housing, food and other essentials. It is different from a Universal Basic Income scheme in that it is targeted specifically at lower-income households, rather than everyone.

spilled coins from the jar

Proponents of the scheme argue that it would cut poverty rates significantly, as well as eliminate a lot of the existing state welfare bureaucracy. However, such a scheme would be expensive: the IPPR report which presented the scheme estimates that it would cost the Scottish government £7 billion annually, which is a fifth of the current annual budget. It will also take a long time to bring online, with IPPR citing 2030 as the year a MIG could be in place.

But undoubtedly an interesting development to watch. Could we see other countries signing up for similar schemes in an effort to eliminate income inequality? Might the pathway to a MIG in Scotland get accelerated in the face of growing income inequality as a result of COVID, and/or if Scotland pursues independence from the UK?



  • Other Tags:
by Ivana Gazibara Spotted 16 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Join discussion

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.