• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Monday, May 23, 2022
WIREOPEDIA
No Result
View All Result
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Business

‘Lockdown by stealth’: Business warnings over impact of tougher COVID restrictions

wireopedia memeber by wireopedia memeber
December 14, 2021
in Business, Finance
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Ministers are facing a backlash from business over fears of the UK sliding into “lockdown by stealth”.

You might also like

Eight Consecutive Red Closes: Is Bitcoin Headed For A Recovery?

US Rep Madison Cawthorn Under Investigation For Promoting Meme Crypto Token

Tether remains unshaken despite $10 billion withdrawals in 2 weeks

The Confederation of British Industry (CBI) and pub chain Wetherspoons both used the term as they warned over the indirect impact of Plan B restrictions and rhetoric being used by officials about the pandemic.

Tony Danker, the CBI’s director-general said the economy should “remain as open as is feasibly safe to do so in the coming weeks”.

He urged an end, as soon as possible, for working from home guidance that is piling pressure on city centre pubs and shops.

Meanwhile, the chief executives of airlines including British Airways, Virgin Atlantic and easyJet wrote to the prime minister accusing the government of a “haphazard and disproportionate approach” and calling for emergency testing regimes to be halted.

Guidance designed to tackle the spread of the Omicron variant, including working from home, came into force on Monday alongside a big expansion of the vaccine booster programme.

The CBI said the government should build on the booster upgrade “by doubling down on other confidence boosting measures – promoting mask wearing and daily testing – to ensure the UK doesn’t oscillate towards ‘lockdown by stealth’.”

COVID-19: Jobless rate falls amid further evidence of soft landing when furlough scheme ended

Mixed bag for Ocado as labour shortage hurts retail arm but group wins patent victory

NatWest fined £265m for failing to stop ‘drugs gang’ laundering bin bags stuffed with cash through branches

Mr Danker said working from home guidance should be reversed “as soon as it is safe to do so”.

He added: “The bar should be high when it comes to any new restrictions on economic activity beyond Plan B.

“The government rightly must act when new data comes to light.

“But we are concerned that the rhetoric from some in government risks instilling a lockdown mentality when in actual fact the proposed measures are far short of that.

“The result is a double whammy to firms who see demand fall without any commensurate support.

“We must beware of unintended consequences to the economy.”

He called for the government’s 5 January review to be used “to identify a new regime drawing on testing, COVID secure workplaces and antivirals, to outline its intention for ending the push to work from home”.

Mr Danker also urged the government to review border measures – given their “limited efficacy” amid evidence of Omicron now spreading domestically.

The call was echoed in a letter signed by the bosses of British Airways, Virgin Atlantic, easyJet, Ryanair, Tui, Loganair and Jet 2 as well as industry body Airlines UK.

They said: “Pre-departure and upon-arrival testing clearly add very little value to our COVID protection, but unnecessarily disrupt Christmas for families as well as businesses while severely damaging the UK travel industry.”

The letter called for all emergency testing for fully vaccinated passengers to be removed at the first opportunity on 20 December as well as economic support to help the industry survive the crisis.

Wetherspoons warned that the uncertainty over the government’s plans was making it hard to forecast its trading outlook and that its half-year profits could be wiped out.

Chairman Tim Martin said: “The repeated warnings and calls for restrictions, mainly from SAGE members and academics, combined with arbitrary changes of direction from the government, invariably at short notice, affect customer sentiment and trade.

“In effect, the country appears to be heading towards a lockdown by stealth.”

Data from retail experts Springboard appeared to suggest that Omicron worries were already beginning to have an effect on footfall last week even before Plan B measures were imposed.

It said a hoped-for pre-Christmas boost in shopping visits failed to materialise, with footfall down by 1.1% on the week before.

Weather was partly to blame but Springboard’s central London “back to the office” benchmark recorded a 5.3% decline.

Read Entire Article
Tags: BusinessMarket StoriesSkynews
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

Eight Consecutive Red Closes: Is Bitcoin Headed For A Recovery?

by wireopedia memeber
May 23, 2022
0
Eight Consecutive Red Closes: Is Bitcoin Headed For A Recovery?

Bitcoin for the past two months has been closing consecutive weeks in the red The previous week had seen it close its seventh consecutive weekly candle for the...

Read more

US Rep Madison Cawthorn Under Investigation For Promoting Meme Crypto Token

by wireopedia memeber
May 23, 2022
0

The House Ethics Committee launched a broad federal investigation into Rep Madison Cawthorn, R-North Carolina, on Monday, following allegations that he engaged in insider trading and had a...

Read more

Tether remains unshaken despite $10 billion withdrawals in 2 weeks

by wireopedia memeber
May 23, 2022
0

Crypto traders withdrew around $10 billion from Tether USDT in the last two weeks as talks of increased regulatory scrutiny for stablecoins continue to grow  CryptoSlate data shows...

Read more

Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam

by wireopedia memeber
May 23, 2022
0

South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam More than 100

Read more

Solana Price Prediction for Today, May 23: SOL Range-bounds; Price May Cross Below $50 Support

by wireopedia memeber
May 23, 2022
0

According to the daily chart, the Solana price prediction shows that SOL may dig dip because of a recent decline in the crypto world Solana

Read more
Next Post

NatWest fined £265m for failing to stop 'drugs gang' laundering bin bags stuffed with cash through branches

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

NFTs In A Nutshell: A Weekly Review

April 2, 2022

Litecoin Price Prediction for Today, May 19: LTC May Not Spring Up Soon

May 19, 2022

Binance exec to lead crypto expert center by Russian bank association

February 18, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • The 21 Best Tom Cruise Performances, Ranked
  • Heard’s loss of earnings ‘as high as $50m’ – as Kate Moss prepares to give evidence in libel trial
  • Eight Consecutive Red Closes: Is Bitcoin Headed For A Recovery?
  • Joshua Jackson Revealed Which Of His Famous Roles He Wouldn’t Play Today
  • Ummm, Dick Van Dyke Looks Amazing For 96, Like He’s Absolutely Glowing In These Paparazzi Pictures

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$29,132.00-4.17%
  • ethereumEthereum(ETH)$1,974.04-3.69%
  • tetherTether(USDT)$1.000.33%
  • binancecoinBNB(BNB)$318.37-0.35%
  • usd-coinUSD Coin(USDC)$1.000.22%
  • rippleXRP(XRP)$0.405327-4.52%
  • Binance USDBinance USD(BUSD)$1.00-0.07%
  • cardanoCardano(ADA)$0.51-5.88%
  • SolanaSolana(SOL)$49.14-7.16%
  • polkadotPolkadot(DOT)$9.95-2.80%
  • dogecoinDogecoin(DOGE)$0.083355-3.78%
  • Lido Staked EtherLido Staked Ether(STETH)$1,934.01-3.23%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,123.00-4.21%
  • AvalancheAvalanche(AVAX)$29.03-9.51%
  • tronTRON(TRX)$0.077173-1.19%
  • Shiba InuShiba Inu(SHIB)$0.000012-2.67%
  • daiDai(DAI)$1.010.37%
  • litecoinLitecoin(LTC)$69.46-3.45%
  • CronosCronos(CRO)$0.185889-5.14%
  • matic-networkPolygon(MATIC)$0.64-5.20%
  • NEAR ProtocolNEAR Protocol(NEAR)$5.81-7.54%
  • FTX TokenFTX Token(FTT)$29.68-3.82%
  • bitcoin-cashBitcoin Cash(BCH)$191.77-4.05%
  • chainlinkChainlink(LINK)$7.05-4.05%
  • OKBOKB(OKB)$12.52-0.12%
  • cosmosCosmos Hub(ATOM)$11.14-3.13%
  • stellarStellar(XLM)$0.129241-5.15%
  • algorandAlgorand(ALGO)$0.416064-6.95%
  • UniswapUniswap(UNI)$5.601.36%
  • vechainVeChain(VET)$0.031316-2.55%
  • ElrondElrond(EGLD)$90.85-1.57%
  • filecoinFilecoin(FIL)$8.14-4.25%
  • Axie InfinityAxie Infinity(AXS)$21.01-3.81%
  • cETHcETH(CETH)$39.63-3.13%
  • TerraTerra(LUNA)$0.000157-18.86%
  • TerraUSDTerraUSD(UST)$0.0684826.37%