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Markets on edge as rising Covid-19 cases spook investors - business live

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The unemployment crisis in Britain has just deepened, with the Royal Mail announcing plans to cut 2,000 jobs. It is blaming the move, in part, on the Covid-19 pandemic. Keith Williams, interim Executive Chair, told the City: In recent years, our UK business has not adapted quickly enough to the changes in our marketplace of more parcels and fewer letters.

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