Coronavirus (COVID-19) News

Tiny Earth globe over the surface covered with the multiple bank note bills symbolising the impact of Coronavirus recovery plans on global growth and currencies

How are Coronavirus recovery plans affecting currency exchange rates?

Global economies are showing gradual signs of recovery, with Boris Johnson set to release roadmap for UK lockdown exit. The early stages of COVID-19 experienced during 2020, saw the global economy stall, as rates of infection surged. However, with 2021 well underway, it makes sense that

Europe – What coronavirus restrictions are currently in place?

As Boris Johnson prepares plans to help end UK lockdown, we take a look at what COVID-19 restrictions are in place across Europe. Spain was one of the worst impacted Eurozone countries by coronavirus, with a current total of...
Image of COVID-19 or Coronavirus which is causing economic distress as a second wave of Coronavirus infections is feared

Pound strong ahead of Boris Johnson’s lockdown exit plan

The pound has edged higher against its major competitors ahead of Boris Johnson’s plans to gradually exit out of lockdown. Though it’s been confirmed that UK schools will reopen in March, Mr Johnson has stated that when it comes to reopening the economy, he will be focussed on...
Boris Johnson

PM to lift lockdown when cases fall below 1,000

“Ready, test, go!” Prime Minister Boris Johnson reveals UK government’s new slogan with the hope of lifting lockdown rules when cases are below 1,000. While Mr Johnson is optimistic that the country can return to some form of normalcy by July, he said that any easing of measures would depend on ...
UK lockdown lift plan

Lockdown review underway after UK hits vaccine target

Pound Sterling rallied to fresh highs after the UK government confirmed achieving its 15 million vaccine target. UK Prime Minister Boris Johnson said that his lockdown exit roadmap would ease restrictions on a cautious but irreversible basis, which has increased hopes of...
10 Downing St

COVID-19 improvements may shorten the UK economy’s recovery

In a Downing Street press briefing, Mr Johnson declared that the R must stay below 1 for the continued easing of lockdown measures in the UK. With the current R-rate below 1 across England and the number of cases in London fast declining, Boris Johnson may...
Britons summer holiday plans

COVID-19: Are new variants threatening summer holiday plans?

Health Secretary Matt Hancock says summer holidays could be out the question due to new variants. COVID vaccine passports could be introduced. With no definite end date, many Britons are confused about whether they should go ahead with summer holiday bookings, especially following...
UK bans travel between Britain and South America

Brits warned against making summer holiday plans

PM Boris Johnson confident about UK vaccine efficacy but Brits warned against making elaborate summer holiday plans due to new variant strains. England's Deputy Chief Medical Officer, Professor Jonathan Van-Tam advised Brits planning to go abroad this summer not to get their hopes up due to...
UK-EU Brexit deadline looming

EU-UK Brexit deal chaos and COVID vaccine row continues

UK businesses and rejoiners dismayed by Brexit trade deal reality. EU bracing for a showdown over vaccine chaos, which is dividing the bloc. SNP leader, Nicola Sturgeon continues to push for another independence referendum in Scotland, in blatant defiance of Prime Minister Boris Johnson, who...
coronavirus stay at home

UK could lift COVID rules and exit third lockdown in May

Despite warnings about exiting the third lockdown prematurely, UK Prime Minister Boris Johnson could lift COVID restrictions by May. During a televised COVID press conference, England's Chief Medical Officer, Professor Chris Whitty, said the UK...
Bank of England facade in London in the evening

UK economy to bounce back quickly, predicts Bank of England

Bank of England delivers upbeat statement on the UK’s economic recovery outlook. Britain’s vaccine rollout to trigger a strong bounce back in 2021. During the Bank of England's (BoE) February monetary policy meeting, policymakers said ...
Boris Johnson

Boris Johnson to lift UK lockdown rules slowly

Matt Hancock to address the nation on the pandemic today. Boris Johnson says slow easing of UK lockdown rules will prevent another COVID-19 breakout. Health Secretary Matt Hancock is optimistic about Britain's recovery outlook and hopes that the UK's rapid vaccination programme will allow Britons to enjoy ...
Boris Johnson

Boris Johnson announces three-stage lockdown lift plan

Pubs, bars and restaurants could reopen after March under UK Prime Minister Boris Johnson’s new COVID-19 three-stage lockdown lift plan. Read how the Prime Minister intends to lead us out of lockdown...
COVID-19 symptoms changing

PM Boris Johnson introduces new quarantine rules

Boris Johnson announces new quarantine rules after being criticised by rising COVID deaths. AstraZeneca says UK could vaccinate 30 million by March. Read about how the common symptoms associated with new COVID mutations differ from the original virus...
Coronavirus cases in Europe

ECB to leave quantitative easing policy unchanged

The ECB confirmed that it will not alter stimulus measures as it’s confirmed that Germany will extend national lockdown.
Quarantine hotels

Ministers prepare quarantine hotels for travellers

Fears over summer holiday plans being scrapped are growing as the UK government prepares to tighten travel restrictions and mandate quarantine hotels. UK Prime Minister Boris Johnson is expected to decide on the new travel rules during a cabinet meeting later today but is unlikely to...
Boris Johnson

UK holiday bookings for summer 2021 soar despite travel ban

Boris Johnson updates the nation on UK travel ban and aviation recovery package. UK holiday bookings soar for 2021 due to COVID vaccine confidence. Environment Secretary George Eustice said the UK government is considering a full border closure to protect...
UK bans travel between Britain and South America

Travel bans imposed in Europe over new Brazil COVID variant

UK reimposes travel ban against Portugal due to reports of a new Brazil COVID variant reinfecting those who have fought off COVID-19. British government has prohibited travel between the UK and the whole of South America, Portugal, Panama and...