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Sunak authorises bailout to rescue strategically important companies

British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the Treasury saying it may step in to support crucial businesses on a “last resort” basis after other options run out.

Sunak authorises bailout to rescue strategically important companies
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  • Shared by Reuters
  • May 26, 2020
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The Treasury told Reuters late on Sunday it may try to save those companies whose failure will “disproportionately harm the economy”.

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