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Businesses in Pakistan oppose strict lockdown

BUSINESS leaders in Karachi, Pakistan have opposed strict lockdown restrictions in the metropolis and urged the authorities to forcefully vaccinate the public to curb the fourth coronavirus wave, The News reported.

The reaction from businesses comes after the government announced a nine-day lockdown in the Sindh province with a special focus on Karachi in the wake of a sharp rise in the Covid-19 cases.


The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Karachi Chambers of Commerce and Industry (KCCI) said it was impossible for them to pay salaries to workers due to the closure of industries and businesses.

"Pakistan's economic hub Karachi should not be completely locked down in the larger national interest," president FPCCI Mian Nasser Hyatt Maggo was quoted as saying in the news report.

"The only solution out of the current situation, without causing any harm to businesses and employment opportunities, is to allow business and economic activities under strict compliance of SOPs (standard operating procedures) and mandatory vaccination of the workforce."

"If industries and businesses remain under restrictions, we will not be able to pay salaries," he added.

He urged the government to review the strict restrictions that are hurting the businesses.

Chairman Businessmen Group Zubair Motiwala said the only workable solution to minimise the number of Covid cases is to forcefully get people vaccinated and ensure strict implementation of SOPs.

Motiwala stressed that the government should carry out an aggressive vaccination campaign and compel masses to get vaccinated at the earliest.

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British Steel nationalisation

The UK government is expected to announce full British Steel nationalisation in the king’s speech

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Why the UK government is moving to fully nationalise British Steel after years of crisis

  • The UK government is expected to announce full British Steel nationalisation in the king’s speech.
  • British Steel’s Scunthorpe plant operates the country’s last remaining blast furnaces.
  • Rising losses, Chinese ownership tensions and fears over industrial security pushed the government towards intervention.

For decades, the giant blast furnaces towering over Scunthorpe stood as symbols of Britain’s industrial strength. Now, they are becoming symbols of something else entirely — the struggle to keep the country’s steel industry alive in a rapidly changing global economy.

The UK government is expected to formally move towards full nationalisation of British Steel in the upcoming king’s speech, marking another dramatic turn in the long and turbulent history of one of Britain’s most politically sensitive industrial businesses.

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