BoE's Bailey says Bank can help spread the cost of coronavirus - ITV
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LONDON (Reuters) - The Bank of England can help spread the cost of coronavirus to society over time, Governor Andrew Bailey said on Wednesday, adding that the government had choices to make when asked if more austerity would be needed.Britain has taken unprecedented steps to lessen the economic hit from coronavirus lockdown, including a plan to pay the wages of millions of furloughed employees - one that finance minister Rishi Sunak has said is too expensive to continue for long.Asked if..