'Get a grip': Mervyn King warns of Covid-19 threat to UK economy
by Richard Partington Economics correspondent from on (#537BR)
Former Bank of England governor attacks government's response to pandemic
Mervyn King, the Bank of England governor during the financial crisis, has warned that Britain's economy will take longer than expected to recover from the coronavirus pandemic.
Launching an attack on the government over its emergency loan guarantee scheme for businesses struggling during the crisis, Lord King said ministers needed to urgently get a grip" on the situation to prevent lasting damage to the economy.
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