BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.35 Increased By ▲ 0.03 (0.47%)
BECO 4.39 Increased By ▲ 0.12 (2.81%)
BML 62.50 Increased By ▲ 0.05 (0.08%)
BOP 31.47 Increased By ▲ 0.24 (0.77%)
CNERGY 11.70 Increased By ▲ 0.11 (0.95%)
CSIL 5.92 Increased By ▲ 0.20 (3.5%)
FCCL 61.60 Increased By ▲ 0.06 (0.1%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 6.33 Increased By ▲ 0.07 (1.12%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.79 Increased By ▲ 0.11 (0.45%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.05 Decreased By ▼ -2.23 (-1.27%)
NCPL 51.85 Decreased By ▼ -0.92 (-1.74%)
NPL 54.19 Increased By ▲ 0.07 (0.13%)
OGDC 315.50 Increased By ▲ 2.11 (0.67%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.51 Decreased By ▼ -0.29 (-0.81%)
PIBTL 13.65 Increased By ▲ 0.18 (1.34%)
PPL 226.60 Increased By ▲ 4.79 (2.16%)
PRL 80.30 Increased By ▲ 1.22 (1.54%)
PTC 46.89 Increased By ▲ 0.04 (0.09%)
SSGC 23.90 Increased By ▲ 0.03 (0.13%)
TBL 9.30 Decreased By ▼ -0.01 (-0.11%)
TELE 7.65 Increased By ▲ 0.26 (3.52%)
TPL 24.51 Decreased By ▼ -0.60 (-2.39%)
TPLP 13.04 Increased By ▲ 0.53 (4.24%)
TREET 26.05 Decreased By ▼ -0.20 (-0.76%)
TRG 53.38 Decreased By ▼ -0.06 (-0.11%)

The British government on Friday said it would help cover the wages of people hit by the coronavirus outbreak as it tightened restrictions to curb the spread of the disease.
Prime Minister Boris Johnson told cafes, pubs, bars, restaurants, nightclubs, theatres and leisure centres to shut as soon as possible to cut the risk of transmission from close contact.
"We need to keep people apart," he told a news conference, adding the situation would be kept under monthly review, as the UK death toll climbed to 177.
Finance minister Rishi Sunak meanwhile announced what he said was an "unprecedented economic intervention" to protect jobs, after a wave of redundancies caused by a slump in business.
The chancellor of the exchequer earlier this week announced a £330-billion ($385 billion, 361-billion-euro) package of government-backed loans to help business.
But he said there was also a need to protect individuals.
"The government is going to step in and help to pay people's wages," he said.
Firms of any size or non-profits can apply for a grant for up to 80 percent of salaries of retained workers up to a total of £2,500 ($2,900) a month.
The payments will be backdated to March 1 and be available for about three months, although he did not rule out extending the scheme.
In other measures, he announced a deferment in payment of sales tax for the next quarter to the end of June, which he said was a cash injection for firms worth £30 billion or 1.5 percent of GDP.

Copyright Agence France-Presse, 2020

Comments

Comments are closed for this article.