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UPDATE 2-England's 'freedom day' marred by soaring cases and isolation chaos

Mon, 19th Jul 2021 08:49

* England lifts most COVID restrictions

* Johnson forced to isolate after trying to skip it

* PM urges caution as cases rocket to 50,000 a day

* Businesses say app causing isolation chaos

* Clubbers dance through dawn
(Adds shares and sterling)

By William James

LONDON, July 19 (Reuters) - Prime Minister Boris Johnson's
'freedom day' ending over a year of COVID-19 lockdown
restrictions in England was marred on Monday by surging
infections, warnings of supermarket shortages and his own forced
self-isolation.

Johnson's bet that he can get one of Europe's largest
economies firing again because so many people are now vaccinated
marks a new chapter in the global response to the coronavirus.

If the vaccines prove effective in reducing severe illness
and deaths even while infections reach record levels, Johnson's
decision could offer a path out of the worst public health
crisis in decades. If not, more lockdowns could loom.

But Johnson's big day was marred by "pingdemic chaos" as a
National Health Service app ordered hundreds of thousands of
people to self-isolate - prompting warnings supermarket shelves
could soon be emptied.

"If we don’t do it now we’ve got to ask ourselves, when will
we ever do it?" Johnson said just hours after he was forced to
abandon a plan to dodge the 10-day quarantine requirement for
himself and finance minister Rishi Sunak.

"This is the right moment but we’ve got to do it cautiously.
We’ve got to remember that this virus is sadly still out there."

Britain has the seventh highest death toll in the world,
128,708, and is forecast to soon have more new infections each
day than it did at the height of a second wave of the virus
earlier this year. On Sunday there were 48,161 new cases.

But, outstripping European peers, 87% of Britain's adult
population has had one vaccination dose, and more than 68% have
had the two doses which provide fuller protection. Daily deaths,
currently at around 40 per day, are just a fraction of a peak of
above 1,800 seen in January.

The FTSE 100 share index fell to a two-month low on Monday
on concerns that economic recovery could be in danger. UK-listed
shares of cruise operator Carnival Plc, and airlines
easyJet and British Airways-owner IAG fell
between 4% and 6.7%. The pound fell to a three-month low.

'FREEDOM DAY'?

From midnight, laws in England requiring masks to be worn in
shops and other indoor settings lapsed, along with capacity
limits in bars and restaurants, and rules limiting the number of
people who can socialise together.

Johnson sets COVID-19 restrictions for England, with
devolved administrations in Scotland, Wales and Northern Ireland
making their own policy.

As businesses across England faced a shortage of workers due
to the NHS app pinging people and telling them to isolate,
supermarkets warned they faced strain.

"It’s a major issue across every industry at the moment,"
Marks & Spencer CEO Steve Rowe said. "Our COVID cases are
roughly doubling every week and the pinging level is about three
to one of COVID cases, so we’re seeing that growing
exponentially."

"If there’s shortages we’ll have to manage it by changing
hours of stores, reducing hours. Where the industry will see the
pain is in the supply chain, because logistics runs tight anyway
to be efficient."

British society appears split on the restrictions: some want
tough rules to continue as they fear the virus will keep killing
people and overwhelm hospitals, but others have chafed at the
most onerous restrictions in peacetime history.

Johnson faced an outcry on Sunday when he and finance
minister Sunak tried to dodge quarantine with a special scheme
for senior ministers and civil servants. He will now isolate at
his country residence at Chequers after health minister Sajid
Javid tested positive.

As the dawn rose over London, clubbers danced through the
night at one of the first rule-free live music events since the
pandemic began last year.

"I have not been allowed to dance for like what seems like
forever," said Georgia Pike, 31, at the Oval Space in Hackney,
east London. "I want to dance, I want to hear live music, I want
the vibe of being at a gig, of being around other people."
(Writing by William James and Guy Faulconbridge
Editing by Frances Kerry and Giles Elgood)

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24 Jan 2024 12:13

EasyJet CEO urges reform after French near-miss tied to controller shortage

LONDON/PARIS, Jan 24 (Reuters) - EasyJet has urged French authorities to resolve air traffic control problems after a report into a near-collision involving one of its jets cited staff shortages and absenteeism.

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24 Jan 2024 12:08

LONDON MARKET MIDDAY: UK PMI data and China bank measures lift mood

(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth.

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24 Jan 2024 09:38

easyJet loss narrows; eyes strong summer despite Middle East conflict

(Alliance News) - easyJet PLC on Wednesday said it reduced its losses in the first three months of the year ending September 30, despite suffering a GBP40 million hit from the Hamas-Israel conflict.

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24 Jan 2024 09:28

EasyJet sees strong summer despite Middle East instability

Q1 headline pretax loss 126 mln stg vs 133 mln stg loss yr ago

*

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24 Jan 2024 08:48

LONDON MARKET OPEN: Stocks head higher; miners lead gains for FTSE

(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China.

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24 Jan 2024 07:02

EasyJet sees H1 losses narrowing despite £40m hit from MEast war

(Sharecast News) - Budget airline easyJet said it had taken a £40m hit from the Middle-East conflict, but said it expected first-half losses to narrow and reported positive booking momentum for the summer.

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23 Jan 2024 15:03

Ryanair sees scope to expand further in Italy

Ryanair sees slots freed up by ITA-Lufthansa deal

*

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23 Jan 2024 14:24

Wednesday preview: Global PMIs, EasyJet in focus

(Sharecast News) - The market spotlight on Wednesday was expected to be on preliminary results for a raft of closely-followed economic surveys on either side of the Atlantic.

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23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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22 Jan 2024 14:27

UK earnings, trading statements calendar - next 7 days

Tuesday 23 January 
Aptitude Software Group PLCTrading Statement
Associated British Foods PLCTrading Statement
CC Japan Income & Growth Trust PLCFull Year Results
Crest Nicholson Holdings PLCFull Year Results
FireAngel Safety Technology Group PLCTrading Statement
Henry Boot PLCTrading Statement
Ilika PLCHalf Year Results
Marston's PLCTrading Statement
Premier Foods PLCTrading Statement
Staffline Group PLCTrading Statement
Velocity Composites PLCFull Year Results
Watkin Jones PLCFull Year Results
Wednesday 24 January 
Britvic PLCTrading Statement
Computacenter PLCTrading Statement
easyJet PLCTrading Statement
Fresnillo PLCTrading Statement
Hargreaves Services PLCHalf Year Results
Hochschild Mining PLCTrading Statement
JD Wetherspoon PLCHalf Year Results
Lords Group Trading PLCFull Year Results
PayPoint PLCTrading Statement
PensionBee Group PLCTrading Statement
Quilter PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Tullow Oil PLCTrading Statement
Watkin Jones PLCFull Year Results
Thursday 25 January 
Britvic PLCTrading Statement
Conduit Holdings LtdTrading Statement
CVS Group PLCTrading Statement
Dr Martens PLCTrading Statement
Fevertree Drinks PLCTrading Statement
Foxtons Group PLCFull Year Results
Fuller, Smith & Turner PLCTrading Statement
Halfords Group PLCTrading Statement
Idox PLCFull Year Results
IG Group Holdings PLCHalf Year Results
Intermediate Capital Group PLCTrading Statement
Mitie Group PLCTrading Statement
NCC Group PLCHalf Year Results
Newmark Security PLCHalf Year Results
Next 15 Group PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Secure Trust Bank PLCTrading Statement
St James's Place PLCTrading Statement
Time Finance PLCHalf Year Results
Titon Holdings PLCFull Year Results
Wizz Air Holdings PLCQ3 Results
Workspace Group PLCTrading Statement
Friday 26 January 
Paragon Banking Group PLCTrading Statement
Record PLCTrading Statement
Superdry PLCHalf Year Results
Taylor Maritime Investments LtdTrading Statement
WH Smith PLCTrading Statement
YouGov PLCTrading Statement
Monday 29 January 
Team Internet Group PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Jan 2024 09:10

LONDON BROKER RATINGS: Citi says 'buy' Segro; Barclays cuts Sage

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday:

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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11 Jan 2024 11:40

BofA Merrill Lynch ups easyJet to 'buy' on European capacity constraints

(Sharecast News) - Bank of America Merrill Lynch upgraded easyJet on Thursday to 'buy' from 'underperform' and lifted the price target to 640p from 470p on European capacity constraints.

Read more

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