National Post (National Edition)

NESTLE SELLS AILING BOTTLED BRANDS IN CANADA, U.S.

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About 2.6 million people in the U.K., or eight per cent of workers, expect to lose their jobs in the next three months, according to a survey that suggests long-lasting damage to the economy from the coronaviru­s. The figures include people who have already been told that they will be made redundant, with young people and the lowest earners at greatest risk, the Resolution Foundation said Wednesday. The analysis found about 2 million people had been unemployed or on furlough for the past six months, a length of time that leaves them at higher risk. The findings puncture forecasts that the economy and most jobs will quickly recover once lockdown restrictio­ns are lifted. Prime Minister Boris Johnson hopes a rapid vaccinatio­n program will allow shops, restaurant­s and bars to reopen by the summer.

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