05-11-2020 19:58 via kvoa.com

UK bolsters economic support as England goes into lockdown

LONDON (AP) — The British government and the Bank of England are providing more support to the economy, which is set for a difficult winter following the imposition of new coronavirus lockdown measures. The central bank increased its monetary stimulus by a bigger than anticipated 150 billion pounds ($195 billion). Treasury chief Rishi Sunak told lawmakers that the government’s salary support program will be extended through March. The program sees the government pay 80% of the wages
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