‘Project Birch’: behind the government plan to take stakes in key British industries

Government lining up ambitious European-style investment plan to bailout businesses and project jobs

Rishi Sunak
Government lining up ambitious European-style investment plan to bailout businesses and project jobs
(Image credit: Tolga Akmen/AFP via Getty Images)

The government is drafting wide-ranging plans to rescue large British firms at risk of collapse due to the coronavirus outbreak.

The Treasury has said support could be made as a “last resort” if a business’s failure could “disproportionately harm the UK economy”.

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