UK Moves To COVID-19 Plan B

As markets, investors and traders expected, UK Prime Minister Boris Johnson announced that the UK will move to COVID-19 “plan B”.

Guidance to work from home has been reintroduced, face mask requirements will now be expanded to most public venues and the NHS will make the NHS COVID Pass mandatory for entry into nightclubs, venues and places with large crowds.

Companies and businesses will have one week’s notice to adhere to the NHS COVID Pass requirements. If it becomes clear that the booster shots are capable of containing the Omicron variant, Johnson added, then we will be able to move forward as before.

Broader risk appetite has turned choppier again on Wednesday after news broke that the UK is becoming stricter against COVID-19 and to impose fresh restrictions. The British pound moderately edges down, some 0.08% amid a risk-on market sentiment.