"The Omicron variant Coronavirus is spreading to such an extent that the Government is unable to provide any guarantee that it will not need to introduce tighter restrictions on the public, although following yesterday’s meeting of the Cabinet it is understood that nothing is planned before the Christmas holiday.

Following last week’s interest rate hike with the likelihood that further increases will be needed in the New Year, the focus has switched to the Chancellor of the Exchequer, Rishi Sunak, and what support he can provide for several sectors of the economy that are struggling with both being able to staff their premises and also footfall at their busiest time of the year.

The CEO of one major hospitality company called on Sunak yesterday to provide support for the sector given the fact that several of his outlets are being forced to close.

Sunak will need to be careful not to set a dangerous precedent where Government support becomes a crutch for ailing businesses.

It is clear that the pace at which Omicron has risen over the past month has come as a surprise to both the Government and the scientific community.

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