UK PM BORIS JOHNSON ANNOUNCES NEW NATIONWIDE LOCKDOWN TO CURB CORONAVIRUS

UK PM BORIS JOHNSON ANNOUNCES NEW NATIONWIDE LOCKDOWN TO CURB CORONAVIRUS

UK Prime Minister Boris Johnson has announced a second broad lockdown from Thursday, November 5 and until early December. 

Chief medical officer Chris Whitty explained that there are now some 50,000 cases per day and that several hospitals have more COVID-19 patients than in the spring. Chief scientific officer, Sir Patrick Vallance, warned that admissions to hospitals could top the peak of the previous wave within the next six weeks.

Speculation about a lockdown circulated ahead of the announcements. France and Germany announced similar measures on Wednesday. The move comes ahead of the Bank of England's rate decision on Thursday, alongside its quarterly Monetary Policy Report. The BOE may announce sub-zero borrowing costs. 

*BAD FOR GBP*

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