It's a sluggish day for the FTSE 100 as the government warns over surging COVID cases in the country.
U.K. stocks struggled for traction on Monday as a warning over the omicron variant weighed on sentiment.
Travel and hospitality names were under pressure as headlines worsened on the country’s fight to control the highly contagious omicron variant. Stock of International Consolidated Airlines IAG, -5.30% — the parent company of British Airways, Spain’s Iberia airlines, and Aer Lingus in Ireland — dropped 3%, Wizz Air WIZZ, -4.47% fell 4%, while Whitbread WTB, -3.21%, Restaurant Group RTN, -5.55% and JD Wetherspoon JDW, -5.71% lost 4% or more.
More restrictions kicked in on Monday, with masks required in most indoor settings, COVID passports mandatory for nightclubs and pubs and a recommendation for individuals to work from home.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields edge lower with omicron, Fed meeting in focusU.S. Treasury yields fell on Monday morning as investors monitored omicron developments and the Federal Reserve's December policy meeting.
Read more »
Boris Johnson urges boosters as U.K. faces 'tidal wave' of omicron infectionsBritish PM Johnson announces a new effort to get the country Covid booster shots by New Year's Day as he says the region is facing a 'tidal wave' of new coronavirus infections.
Read more »
Vaccine hesitancy in South Africa causes spread as omicron cases grow: ExpertsThe omicron variant has exponentially spread in South Africa in a short time, and now experts are warning that widespread vaccine hesitancy and the lack of basic medical supplies in the region may lead to an explosive outbreak of new cases.
Read more »
Covid: Isle of Man records first two suspected Omicron casesGenotyping at Noble’s Hospital pathology lab has identified two Covid cases as possible Omicron.
Read more »
Omicron: Curbs on people meeting in Wales on the cardsHousehold bubbles could return as officials prepare to battle Omicron variant of coronavirus.
Read more »