RE: Impact of latest restrictions?20 Dec 2020 21:35
Several countries have banned freight and passenger travel from the UK, hospital capacities here and abroad are already close to their limits and there is evidence that this variant was spreading exponentially *during* November's lockdown. The freight issue has actually prompted a COBR meeting tomorrow because of how significant it is. I think it is likely that more major lockdowns will be imposed over the coming months to limit this strain until more of the population is vaccinated.
I also understand that we have missed today's deadline for Brexit discussions, which means the European Parliament will not have time to ratify a trade deal this year; if this is a rigid deadline then no-deal is confirmed.
I think this massive amount of uncertainty + potential for major lockdowns will hammer the UK markets and transport stocks, unfortunately...