UK’s Eustice: We don't think it is right at the moment to close the borders
|The UK Environment Secretary George Eustice said in a statement on Friday, the government doesn’t think it is right at the moment to go for full borders closure.
Additional quotes
Manufacturing capacity is main restriction on speed of vaccine rollout.
Thinks new border paperwork will be fine once businesses get used to it.
We know asking people to self-isolate is a financial challenge.
No decisions have been made on payments for those with positive covid tests.
Always keep options under review.
We understand lockdown measures are quite draconian.
Lockdown will end once we've made more progress on vaccine rollout.
Lockdown will go on for as long as it needs to.
Government is considering full closure of borders.
For now the restrictions we have on travel are sufficient..
GBP/USD keeps falling
The selling pressure around the GBP/USD pair remains unabated amid weaker UK Retail Sales and the US dollar’s rebound. Chatters around the UK’s full borders closure also remain a cause of concern for the bulls. Focus shifts to the UK Preliminary PMIs.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.