AIRLINK 73.18 Decreased By ▼ -0.92 (-1.24%)
BOP 5.04 Increased By ▲ 0.04 (0.8%)
CNERGY 4.38 Increased By ▲ 0.04 (0.92%)
DFML 29.86 Increased By ▲ 0.32 (1.08%)
DGKC 84.65 Increased By ▲ 1.10 (1.32%)
FCCL 22.50 Increased By ▲ 0.07 (0.31%)
FFBL 34.45 Decreased By ▼ -0.45 (-1.29%)
FFL 10.19 Increased By ▲ 0.32 (3.24%)
GGL 10.38 Increased By ▲ 0.38 (3.8%)
HBL 112.21 Increased By ▲ 0.21 (0.19%)
HUBC 140.50 Increased By ▲ 2.81 (2.04%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.50 Increased By ▲ 0.10 (2.27%)
KOSM 4.56 Decreased By ▼ -0.03 (-0.65%)
MLCF 38.60 Increased By ▲ 0.05 (0.13%)
OGDC 135.30 Decreased By ▼ -1.30 (-0.95%)
PAEL 26.64 Increased By ▲ 1.50 (5.97%)
PIAA 26.15 Decreased By ▼ -0.36 (-1.36%)
PIBTL 6.55 Decreased By ▼ -0.10 (-1.5%)
PPL 123.09 Decreased By ▼ -2.31 (-1.84%)
PRL 28.45 Increased By ▲ 0.24 (0.85%)
PTC 13.98 Decreased By ▼ -0.32 (-2.24%)
SEARL 54.90 Increased By ▲ 0.30 (0.55%)
SNGP 70.45 Decreased By ▼ -0.75 (-1.05%)
SSGC 10.45 Decreased By ▼ -0.05 (-0.48%)
TELE 8.62 Increased By ▲ 0.10 (1.17%)
TPLP 10.95 Increased By ▲ 0.01 (0.09%)
TRG 61.80 Increased By ▲ 1.10 (1.81%)
UNITY 25.34 Increased By ▲ 0.01 (0.04%)
WTL 1.31 Increased By ▲ 0.05 (3.97%)
BR100 7,671 Increased By 6.8 (0.09%)
BR30 25,143 Increased By 117 (0.47%)
KSE100 73,145 Increased By 380.8 (0.52%)
KSE30 23,753 Decreased By -22 (-0.09%)
World

UK seeks to avoid national lockdown to stop unemployment in millions, minister says

  • Britain's Office for Budget Responsibility's central economic scenario sees unemployment averaging 3.5 million next year, and rising to 4 million in a downside scenario.
Published October 1, 2020

LONDON: British Prime Minister Boris Johnson's government is seeking to avoid a full national lockdown to prevent unemployment soaring into the millions, Environment Secretary George Eustice said on Thursday.

"I've not seen any projections of 4 million but certainly we know that there are some 700,000 extra people that are already unemployed as a result of this, and yes you know the projections are, that there are going to be economic impacts," Eustice told Sky.

"It's for precisely that reason that we are trying to avoid full lockdown," he said.

Britain's Office for Budget Responsibility's central economic scenario sees unemployment averaging 3.5 million next year, and rising to 4 million in a downside scenario.

Comments

Comments are closed.