Faculty News

Lord Mervyn King cautions that it would be a mistake for UK Finance minister Rishi Sunak to reduce the contribution the British government pays towards furloughed staff’s wages to 60% from 80%

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Excerpt from Reuters -- "Former Bank of England governor Mervyn King said he also supported an extension of the scheme. 'I hope that (Sunak) will extend these support schemes today to give businesses some comfort, needed comfort, over the next few months,' King told BBC radio."

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