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U.K. in Covid Storm May Face Worse to Come, Business Chief Warns
The U.K. is still in the eye of the coronavirus storm and more challenging times may yet follow, according to an influential business chief who urged the government to take further steps to support corporate Britain. The pandemic and lockdown thrust the economy into the worst slump in Europe, but support rolled out by Chancellor of the Exchequer Rishi Sunak staved off the worst effects of the slowdown by preserving more than 9 million jobs. But according to British Chambers of Commerce Director General Adam Marshall, the U.K. faces a moment of renewed danger as the winding down of that support threatens to coincide ... (full story)