Business news 16 December 2021
James Salmon, Operations Director.
Omicron
England’s chief medical officer, Chris Whitty, warned that Omicron was “moving at an absolutely phenomenal pace” and that a rise in hospitalisations was “nailed-on” as covid-19 cases hit an all-time daily high of 78,610 yesterday. Boris Johnson, resisted calls for tighter restrictions as 656,000 received their booster injections yesterday meaning 80% of vulnerable people have now had their third jab.
According to the university of Hong Kong, Omicron infects 70 times faster than Delta although the severity of illness appears lower.
With Covid cases hitting record levels and rising, employers are preparing for large numbers of their staff to call in sick or self isolate.
It’s not just the staff though. For those in the hospitality and retail sector, they have seen a huge fall in the footfall of customers, with many hospitality venues, who were hoping for a Christmas boost, instead suffering as customers cancel events. The CBI urged ministers to provide support “in lockstep with future restrictions”, while UK Hospitality called for business rates to be deferred and VAT discounts extended.
US Fed
The FED signalled they will raise interest rates next year at a faster pace and would also speed up the tapering of the bond purchases, boosting the dollar.
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The Credit Protection Association – Prompting Punctual Payments – Ethical, Effective, Efficient, Economical collections
Get compensated for previous late payments
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The Credit Protection Association – Prompting Punctual Payments – Ethical, Effective, Efficient, Economical collections.