In the news today we are hearing that the UK may be isolated from the rest of the World due to virulent nature of the mutant strain of Covid that is circulating in the UK. This has implications for how long the lockdown will last and in particular for companies that are impacted by this news. Retail, leisure and travel companies all had a tough time on the markets on Friday.
It is possible that the results are based on a small sample size and therefore not conclusive, there are also worries that the South African strain may be partially resistant to vaccines, so all in all a troubling set of news for the London market to digest.
There is also concerning news about the new South African mutant strain of Covid which may be resistant to the current vaccines, during today's podcast Adrian talks about the impact this is having on the stock markets and speculation that the summer holiday season may be affected.
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