Factbox: UK to spend over 60 billion pounds to keep economy afloat
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LONDON (Reuters) - Britain has pledged over 60 billion pounds ($73.70 billion) in public spending and tax cuts in an attempt to shield its economy from a deep recession caused by the coronavirus outbreak, and the final bill could end up being a lot higher.Finance minister Rishi Sunak has rushed out a string of emergency measures to support workers' incomes, offer companies tax breaks and make the welfare system more generous.The government will also suffer a hit to its tax revenues, meaning this..