UK's Sunak sets 'extraordinarily high' bar for company bailouts

LONDON (Reuters) - British finance minister Rishi Sunak said he would set an "extraordinarily high" for bailing out individual companies that are struggling as a result of the coronavirus crisis, Bloomberg Television reported on Friday.Britain's government has underwritten around 40 billion pounds in loans to businesses, and given 11 billion pounds in support for wages, but Sunak said he would be very reluctant to offer more."The bar for companies accessing taxpayers' support in a bespoke and..