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Europe’s virus surge hits French finance chief, threatens London

Bloomberg France’s finance chief contracted Covid-19 amid the virus surge in his country and Prime Minister Boris Johnson said the UK may need tighter restrictions, signalling Europe’s growing risk of the kind of lockdowns that crippled the economy in the second quarter. Mayor Sadiq Khan sounded the alarm for London, saying it’s “increasingly likely” that “additional measures will soon be ...

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UK loses 700,000 jobs to pandemic

Bloomberg Britain’s labour market took a turn for the worse in July even as the economy gradually reopened, taking total job losses under the pandemic to almost 700,000 and raising pressure on the government to extend support programs. Employment falls by 102,000, the first decline since April, the Office for National Statistics said. The single-month unemployment figure reached 4.4%, the ...

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Ireland advises against all non-essential travel

Bloomberg Ireland moved to tighten restrictions in Dublin, in an effort to contain a coronavirus surge in the capital. Under the new guidelines, people are advised not to travel to or from the Dublin region. Indoor dining in restaurants is banned, and gatherings of all types heavily restricted. The restrictions will come into force from midnight for at least the ...

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