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UK's tighter Covid-19 restrictions may keep economy depressed

They may negate impact of Chancellor Rishi Sunak's new job support scheme and unemployment may continue to rise

Published Sun, Sep 27, 2020 · 09:50 PM

London

THE Bank of England (BOE) is expected to boost the supply of money further to supplement UK Chancellor Rishi Sunak's new measures to help businesses and workers ride through the novel coronavirus pandemic.

But many economists believe that the government's tighter Covid-19 restrictions will keep the economy depressed, with unemployment likely to continue to rise.

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