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Travel & Leisure stocks edge lower following new UK restrictions

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By Samuel Indyk, 9th December 2021.

Investing.com – The FTSE 350 Travel & Leisure sub-index edged lower on Thursday following the announcement of new COVID restrictions by the UK government after market on Wednesday.

UK Prime Minister Boris Johnson delivered a press conference where he outlined new measures to attempt to slow the spread of COVID-19 and particularly the new Omicron variant.

The key measures announced by Johnson include guidance to work from home, a new mask mandate in most indoor public venues (including cinemas), and the need for the NHS COVID pass for places where large crowds gather. The COVID pass will be required at unseated indoor venues with more than 500 people, unseated outdoor venues with more than 4,000 people and any venue with more than 10,000 people.

Two doses of any approved vaccine or a negative lateral flow test would be sufficient for entry under the new rules.

Full article: investing.com

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