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Sri Lanka shuts schools after virus rumours  

HUNDREDS of parents beseiged Sri Lankan schools Thursday (12) following rumours that the coronavirus pandemic was spreading among children, prompting the government to close schools to ease tensions.

Education minister Dullas Alahapperuma said social media misinformation had caused panic among parents at several schools in the Colombo region.


"Rumours on social media claimed a student whose father had become the first local victim of the coronavirus was infecting other students," Alahapperuma told reporters.

Although no students were infected, the government brought forward holidays due to start from April 6, giving students three extra weeks off, the minister said.

"There is no medical reason to close schools, but we decided to go ahead because of the tensions caused by rumours spread on social media today," Alahapperuma said as authorities announced the third case of coronavirus on the island.

Schools will reopen on April 20, a week after the Sinhala and Tamil New Year. There are 4.3 million children in state-run schools. Private schools were also expected to follow government schools and close from Friday (13), the minister said.

Sri Lanka has also this week suspended visas on arrival for nationals of 48 countries, including all EU member states. Visas for Chinese citizens were halted in January as the virus crisis erupted.

All passengers from Italy, Iran and South Korea have been subjected to a two-week mandatory quarantine since Wednesday (11).

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Lakshmi Mittal

Mittal's exit comes as Rachel Reeves prepares a fresh tax raising budget aimed at balancing the government's finances

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Lakshmi Mittal quits Britain for Switzerland and Dubai over inheritance tax concerns

Highlights

  • Lakshmi Mittal, worth over £15 bn, has moved his tax residence from UK to Switzerland with plans to spend most time in Dubai.
  • Inheritance tax concerns, not income tax, drove the decision of the "King of Steel" to leave after 30 years in Britain.
  • The departure marks another high-profile exit as chancellor Rachel Reeves prepares major tax rises in the coming Budget.
Lakshmi Mittal, one of Britain's wealthiest men, has ended his three-decade association with the UK, relocating his tax residence to Switzerland and planning to base himself in Dubai. The 74-year-old steel magnate, worth approximately £15.5 bn according to the Asian Rich List 2025, is the latest prominent entrepreneur to leave Britain amid Labour's tax reforms targeting the super-rich.

The Indian-born billionaire built his fortune through ArcelorMittal, the world's second-largest steelmaker, in which he and his family hold nearly 40 per cent ownership. Since arriving in London in 1995, Mittal became a prominent figure in British business, acquiring expensive properties including a £57 m mansion on Kensington Palace Gardens known as the "Taj Mittal."

An adviser familiar with Mittal's family plans told The Sunday Times that, inheritance tax was the decisive factor in the decision. "It wasn't the tax on income or capital gains that was the issue, the issue was inheritance tax."

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