The Trader 

Market Outlook: Stocks softer as UK mulls second lockdown, LSE, Investec & more

Market Outlook: Stocks softer as UK mulls second lockdown, LSE, Investec & more

Boris Johnson says a national lockdown would be disastrous, but his scientific advisers are proposing a two-week lock-up in October. A new risk-averse religion with devotees kneeling to the great NHS deity has been born. The question is whether the government decides to ‘follow the science’ or not. Cases are certainly up, but the number of tests being carried out daily is exponentially higher than it was in March and April. The worry, of course, is that there is a lag of a couple of weeks and the rise in cases we have seen translates into a spike in hospital admissions in a fortnight.

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