UK: London to move to level 3 lockdown due to COVID-19

London and parts of Essex and Hertfordshire They will enter a Level 3 coronavirus lockdown starting Tuesday at midnight, Daily Mirror political editor Pippa Crerar reported Monday. With this decision, all restaurants, bars and cafes in those areas will only be able to operate with take away food.

“Health Secretary Matt Hancock gave a private briefing to deputies to confirm the measure hours after they were warned that cases are increasing exponentially in the capital,” wrote Crerar.

Market reaction

This development does not appear to have a significant impact on the performance of the British pound against its rivals. At time of writing, the GBP / USD pair was up 1.2% on the day at 1.3382.

.

You may also like