Beyond Currency

4 June 2021 - Anger as Portugal turns amber


Listen Later

"The UK recovery continues to gather pace but as mentioned yesterday, it is impossible for the Government to please everyone.
The howls of protest heard yesterday as Portugal was removed from green on the traffic light system to amber means that the only viable mass holiday destination now requires five days of isolation and a single negative Covid test for returning travellers.
Accusations, especially from the tourism industry, centre around a promise the Transport secretary apparently made that he would give three weeks’ notice of any negative change to a country’s status. If he did make such a promise, it would have been incredibly naive since the situation with new variants is so fluid.
Yesterday’s move clearly illustrates the Government's priorities. It remains committed to the complete removal of restrictions in England and sees foreign holidays as insufficiently important to risk a benefit to the entire country.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
...more
View all episodesView all episodes
Download on the App Store

Beyond CurrencyBy CurrencyTransfer

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings