Pubs and restaurants recovery faces another hurdle as UK may postpone end of lockdown after 21 June
The government may review its plans later than expected due to concerns over the Indian variant
Pubs and restaurants may have their hopes for a somewhat quick recovery dashed as the Indian variant may jeopardise the end of lockdown in June.
England plans to drop all restrictions on 21 June but the milestone may be postponed if the virus isn’t kept under control.
Downing Street was scheduled to confirm the end of lockdown over the next two weeks but the review may now be delayed, Downing Street said on Monday.
10 March 2021 | 08:37am
StockMarketWire.com - UK stocks opened lower on Wednesday after large mining companies were hit by a drop in the price of iron ore.
At 0824, the benchmark FTSE 100 index was down 30.09 points, or 0.5%, at 6,700.25.
BHP fell 2.6% to £21.435 and Rio Tinto fell 4.3% to £55.68.
In corporate news, insurance group Legal & General shed 0.4% to 280.9p, having reported a 15% fall in annual profit driven by pandemic-related claims.
Legal & General held its dividend steady at 17.57p per share.
Food delivery service Just Eat Takeway slipped 0.2% to £68.30 as it posted a deeper annual loss of €147 million after a rise in revenue was offset by higher spending.