UK government readies extreme measures to right capsizing economy

LONDON (Reuters) - Britain will take further emergency measures to stem the collapse of its economy on Friday, when finance minister Rishi Sunak will outline plans to prop up companies and workers who face hardship from the coronavirus outbreak.Sunak has been meeting trade unions and industry associations, which have warned that mass lay-offs are imminent unless help can be found within days rather than weeks.Sunak is now considering tax holidays for companies and reversing the pay-as-you-earn..