Unions and business support Sunak's 'last resort' bail out plans

Unite union says Project Birch, the government's rescue plan, is finally taking shape'

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Unions and business groups have backed the government's plan to bail out strategically important companies whose failure would disproportionately harm the economy".

The chancellor, Rishi Sunak, is exploring plans for the taxpayer to step in and rescue struggling companies to prevent a wave of job losses in sectors that have been hardest hit during the coronavirus pandemic and lockdown.