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Coronavirus is having a severe impact on our economy

Following the release of the UK GDP report, the country’s Finance Minister Rishi Sunak justified the sharper-than-expected contraction in the economy in April.

Key quotes

“In line with many other economies around the world, coronavirus is having a severe impact on our economy.

“The lifelines we’ve provided have protected businesses and jobs, giving us the best chance of recovering quickly as the economy reopens.”

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