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FTSE Gains, Pound s Rise Vs Dollar Likely to Remain Limited
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FTSE 100 puts in a late surge but FTSE 250 still hogs the limelight
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FTSE 100 closes well off day s peak as Dow Jones drifts from highs; FTSE 250 index stars
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More than 600,000 people have been pinged by the U.K.’s coronavirus warning app and told to self-isolate. Business leaders warn that the lack of available workers is putting the economic recovery at risk.
The UK government is racing to address a major labor shortage exacerbated by the latest wave of the COVID-19 pandemic. Although more than 70% of the adult population (36 million people) has been double-vaccinated against the coronavirus, an easing of restrictions is fueling a new surge in cases and, therefore, mass self-isolation.
The app, which notifies users if they have come into contact with someone who has since tested positive for COVID, advises them to self-isolate for 10 days. In one week in mid-July, 618,903 people in England and Wales received the notification and were forced to leave work and quarantine.
UK COVID ′pingdemic′ sparks labor shortage | Business| Economy and finance news from a German perspective | DW
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