Picture used for illustrative purpose. File
Gulf Today Report
Britain’s unemployment rate rose to 5.1 per cent in 2020’s Q4 due to the effect of lockdowns on economic activities, according to official data on Tuesday.
According to analysts forecast, the unemployment rate will surge after the UK government puts an end to its scheme of paying wages of private-sector workers at the end of April.
Finance minister Rishi Sunak on Tuesday hinted at further employment support in the coming months as England begins to exit its third lockdown from early March.
"At the budget next week I will set out the next stage of our plan for jobs and the support we'll provide through the remainder of the pandemic and our recovery,” said the chancellor of exchequer in a statement.
British Prime Minister Boris Johnson on Monday set out a four-step plan to ease coronavirus restrictions, expressing hope that life could get back to normal by the end of June.
The rate rose to 4.8%, surging by 0.3 per cent from last month and a full percentage from a year earlier.
The images were taken by Kate Middleton last month at Sandringham, “where the family helped to pack up and deliver food packages for isolated pensioners in the local area”, Kensington Palace said.
Boris Johnson said last week that “many, many job losses” were inevitable as a result of the economic fall-out from the pandemic. While this is true, bold government action can mitigate both mass unemployment and the coming climate crisis. What is needed is an ambitious green recovery plan that puts people to work and accelerates our transition to a zero carbon economy.
Victorya Matevossian disclosed that Dubai is one of the safest destinations for travellers in world, adding that around 70% of Armenian tourists have travelled to the ‘City of Wonders’ during the COVID-19 pandemic.
Dr Sultan Bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, met with Sung Yun-mo, Minister of Trade, Industry and Energy of the Republic of Korea
Oil prices rose more than $1 per barrel on Thursday after Saudi Energy Minister Prince Abdulaziz bin Salman urged caution and vigilance at the beginning of a meeting of Opec ministers and their allies about the future of supply cuts.