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“We need to remain vigilant, local councils will be supported in implementing local lockdowns,” British Prime Minister Boris Johnson said on Wednesday.

Additional takeaways

“We have a very effective cluster-busting operation to tackle localised flare-ups of COVID.”

“Will look at all proposals on taxation to revive the economy.”

“No country has a working contact tracing app yet.”

Market reaction

These comments don’t seem to be having a significant impact on market sentiment. As of writing, the UK’s FTSE 100 Index was down 2.07% on the day at 6,189 points. Meanwhile, the GBP/USD pair was losing 0.12% at 1.2505.