- Posted by currencies in Rate Alerts
- September 22, 2020
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The pound slipped to two-month lows against the dollar ahead of a fresh set of mobility restrictions to be imposed by British Prime Minister Boris Johnson to tackle the second wave of the coronavirus outbreak.
British Prime Minister Boris Johnson will tell people on today to work from home and will impose new curbs on pubs, bars and restaurants in a bid to tackle the swiftly accelerating second wave of the coronavirus outbreak.
In an address to parliament at 1130 GMT and then to the nation at 1900 GMT, Johnson will stop some way short of a full national lockdown of the sort he imposed in March.
“We know this won’t be easy, but we must take further action to control the resurgence in cases of the virus and protect the NHS,” Johnson will say, according to excerpts of his remarks distributed by his Downing Street office.
The measures come after senior medics warned on Monday that Britain faced an exponentially growing death rate within weeks unless urgent action was taken.
New COVID-19 cases are rising by at least 6,000 a day in Britain, according to week-old data, hospital admissions are doubling every eight days, and the testing system is buckling.
The new curbs will restrict the hospitality sector to table service only, by law.
UK schools should remain open during second wave, minister says
Britain will face an exponentially growing death rate from COVID-19 unless the government moves urgently, Chris Whitty, the government’s chief medical officer, and Patrick Vallance, its chief scientific adviser, said.
The United Kingdom already has the biggest official COVID-19 death toll in Europe – and the fifth largest in the world – while it is borrowing record amounts in an attempt to pump emergency money
GBP/EUR 1.0892 GBP/USD 1.2779 GBP/AED 4.6875
GBP/AUD 1.7773 GBP/CHF 1.1706 GBP/CAD 1.7040
GBP/NZD 1.9209 EUR/USD 1.1714 GBP/ZAR 21.471