Boost public spending to tackle Covid second wave, IMF tells UK

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Institution tells Britain to forget rising debt and spend to protect jobs and companies and improve infrastructure

Britain should boost spending to tackle the second wave of the Covid-19 pandemic without worrying about its growing debt levels, the International Monetary Fund has said.

In its six-monthly health check of the UK economy, the Washington-based organisation warned on Thursday that the UK faced a difficult winter that was likely to depress economic growth and increase the number of jobs lost, especially among those with few skills.

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