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Chancellor warns jobs are at risk if economy does not return to normal

9th Jul 20 10:47 am

Chancellor Rishi Sunak has said he is “anxious” over the state of the UK’s economy which is “entering into a very significant recession” due to the pandemic.

His summer statement he delivered on Wednesday was aimed to trying to make the UK’s recovery as strong as it can be by providing £30bn of extra spending.

Sunak told Sky News, “We’ve moved through the acute phase of the crisis where large swathes of the economy were closed. We’re now fortunately able to safely reopen parts of our economy, that’s the most important thing that we can do to get things going.

“But we won’t know the exact shape of that recovery for a little while – how will people respond to the new freedoms of being able to go out and about again.

“We have to rediscover behaviours that we’ve essentially unlearned over the last few months.

“But unless activity returns to normal, those jobs are at risk of going which is why we acted in the way that we did.”

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