Mallorca closes Magaluf party strip – as it happened
160,000 Catalans back into lockdown; Florida records new daily death toll high; India Covid-19 cases top 900,000. This blog is now closed
12.35am BST
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Related: Coronavirus live news: Fauci says US must 'stop nonsense'; South Africa cases top 300,000
12.27am BST
The Treasury is reviewing a radical" proposal for a new state-owned body that would manage 35bn of toxic coronavirus debt and help save up to 780,000 British businesses.
A City taskforce, the Recapitalisation Group, led by EY and the lobby group TheCityUK, is recommending that a government-owned UK Recovery Corporation be established to handle a growing pile of unsustainable government-backed debt that could otherwise wipe out thousands of businesses and lead to 3 million job losses:
Related: Treasury mulls plan to set up coronavirus toxic debt body to save UK small businesses
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