Economics
U.K. Reopening Delay Sparks Warning of Job Losses, Bankruptcies
- Hospitality businesses say 300,000 jobs may be at risk
- Overall threat to the economy of four week delay is limited
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Britain’s decision to extend the last remaining Covid-19 lockdown rules another month will cause barely a ripple in the pace of economic growth this year but put thousands of jobs at risk in the industries hit hardest by the pandemic.