LONDON, Dec 10 ― UK shares closed lower yesterday as worries about the impact of tougher Covid-19 restrictions in England hit the travel sector and overshadowed a clutch of positive earnings reports.
“Every indication so far is that Omicron is not as harmful as some of the other variants. It just spreads more quickly,” said Danni Hewson, financial analyst at AJ Bell. “There may be some marginal benefit in waiting for new information on the Omicron variant, including its impact on infections, hospitalisations and vaccine efficacy,” said Sanjay Raja, senior economist at Deutsche Bank.
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