Why East Finchley locals could be paid £1600 with no catch
How would you like to receive £1600 a month with no strings attached?
It may sound too good to be true, but that's what 30 people could be offered, under plans for the first-ever trial of a 'universal basic income' in England.
Researchers from think tank Autonomy are seeking financial backing for a two-year pilot programme to see how it would change the lives of the group.
The concept of a universal basic income sees the government pay all individuals a set salary regardless of their means. Participants for this trial will be drawn from central Jarrow, in north-east England, and East Finchley, in north London.
Universal basic income is not a new idea, but it's certainly controversial - so what are the pros and cons?
ÃÛÑ¿´«Ã½ Radio London's Ross Ryan explores the issue.
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