News from the Reporting Accounts team on Saturday 23rd January 2021
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News from the Reporting Accounts team on Saturday 23rd January 2021
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About this listen
During today's podcast Adrian Lawrence our in house financial expert talks about the latest news on Covid and that the UK mutant version is speculated to have a higher mortality rate as well as a higher infection rate. Also the South African variation has been detected in the UK raising additional concerns as it appears to be resistant to the current versions of vaccines, the pharmaceutical companies behind the current versions are believing to already being working on a new variation that can cope with the variations.
The UK stock market has moved lower on these developments as share prices reflect sentiment and expectations for future earnings both of which will be impacted if companies in the retail, leisure and travel sectors are forced to remain closed for a longer period.
There will be a return to normal and better times ahead, though the impact on this summers holiday travel season remains uncertain.
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