19-05-2020 19:57 via uk.finance.yahoo.com

Rishi Sunak hints debt binge will not last forever

Britain is in the middle of an extraordinary recession, deliberately induced to try to suppress the spread of the coronavirus. That makes its genesis and its effects entirely unprecedented. Rishi Sunak, the Chancellor of the Exchequer and the man in charge of trying to reduce the damage wrought by this radical public health policy, gave peers in the House of Lords an update on his efforts. Here are four crucial things we learned. No more furlough extensions The wages of eight million private sec
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