U.K. Shut Down Again

Yesterday morning, U.K. Prime Minister Boris Johnson imposed a 6-week lockdown in England due to a surge in Covid-19 infections. Lockdown measures are like ones imposed last spring and include the closures of secondary and primary schools. CNN reported, people will be allowed to leave their homes for limited reasons like shopping for essentials, exercise and medical assistance. other businesses that will be shut down until at least mid-February include sports facilities, restaurants, bars, hair salons, gyms and theaters.

The lockdown comes after recent reports that the U.K. has seen new daily Covid-19 cases exceed 50,000 for nearly a week. Prime Minister Johnson stated that there were 30% more Covid-19 patients in hospitals than the previous week. The strain these cases are having on the hospitals and health care system should not go understated. The U.K. saw December reach a record number of 2,930 people having to wait over 12 hours or more for a hospital bed. Public health officials think the overall goal of this shutdown is to whether the storm until the National Health Service (NHS), rolls out their national vaccination program. The AP News reports, “As of Monday, the NHS had vaccinated 1.3 million people across the U.K. The government plans to have almost 1,000 vaccination centers operating across the country by the end of this week.”




Written by:

By listening to each of my customers unique fueling needs, I am able to pair them with the best solution. Through effective communication, I provide the highest level of personal customer service which creates long lasting professional relationships.

Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED “AS IS,” WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.