Skip to content
Sunday 23 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 21 December 2020 4:40 pm

Next year brings hope, but we’re not out of the woods yet

By: Catherine McGuinness

Common Councillor and former Policy Chair at Canada Corporation on Carbon Markets.

Add as a preferred source on Google
Manchester Drive-In Vaccine Centre
(Photo by Christopher Furlong/Getty Images)

As we approach the end of a year most of us would prefer to forget, Londoners have been dealt a fresh blow with news that the capital has been placed under the highest level of coronavirus restrictions.

The new Tier 4 rules mean people should only go out for exercise or to travel for work, education or childcare purposes if they have to, while social mixing is limited to meeting one person outside your household in an open public space and all non-essential retail must close.

Read more: All EU countries ban UK travellers until midnight Tuesday

People’s health must always be the top priority and it’s vital that we, as Londoners, stick to the rules and play our part in slowing transmissions, saving lives, protecting the NHS and keeping London safe.

However, alongside the need to safeguard the public it’s vital that businesses which have suffered terribly during the pandemic are given support to weather the storm.

In the City, our pubs, restaurants, entertainment and cultural venues will be hit harder than most by the Tier 4 restrictions, at a time when most of them would normally enjoy their busiest time of the year.

The disappointment many of us experience at having to abandon plans for meeting up with friends or family this Christmas is also felt by businesses which rely on the lucrative festive trade.

I would urge the Government to keep its decision under close review so that the capital can move back into a lower tier, and regain a semblance of normality, as soon as it’s safe to do so.

Read more

TfL greenlights Wayve’s autonomous vehicles in the City

Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background

As we head into the New Year with, at long last, a glimmer of hope in the form of the Covid vaccine currently being rolled out across the country, thoughts will turn to how we rebuild.

We urgently need a thriving economy to help pay for the vast amount of support currently being provided and to allow companies which in some cases face a threat to their very existence to get back on track.

In the City, many businesses depend for their livelihoods upon footfall from the hundreds of thousands of workers who, in normal circumstances, come into the Square Mile every day.

While the pandemic may have changed how we work, having the vast majority of employees working from home all the time is not a viable long-term option, and we need clarity on when office staff can return to Covid-secure workplaces.

The way residents, businesses, public bodies and, most of all our cherished NHS, have rallied to meet an unprecedented challenge during this ‘annus horribilis’ has been truly inspirational.

While 2021 brings new hope, we’re not out of the woods yet and must all stay on our guard, continue to act responsibly and make our New Year’s resolution to rally for one last push to beat the pandemic.

I wish all readers as merry a Christmas as is possible in the circumstances, and a happy, healthy and prosperous New Year.

Read more: London faces the toughest Christmas since WWII

Read more

The BBC shouldn’t push Londoners to accept antisocial phone behaviour 

Passengers inside a graffiti-covered London Underground train car, some looking at phones, others observing the interior.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Related Topics

  • Canada Corporation
  • Coronavirus

Trending Articles

  • Can debt-ridden Morrisons become a Big Four supermarket again?

  • Ratcliffe’s Ineos saves Runcorn plant

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

  • Burnham predicted to raise taxes for ‘fundamental’ cost of living support

  • Amazon says it buys books in bulk to ‘improve products’

More from Morning Wire

  • TfL greenlights Wayve’s autonomous vehicles in the City

    Tech
    Wayve autonomous vehicle navigating a busy London street with iconic cityscape in the background
  • The BBC shouldn’t push Londoners to accept antisocial phone behaviour 

    Opinion
    Passengers inside a graffiti-covered London Underground train car, some looking at phones, others observing the interior.
  • House prices suffer biggest August slump in eight years 

    Property
    Aerial view of colorful residential houses built on a hillside, nestled among green trees, representing housing markets
  • Corgi Cafe: My day at London’s 24/7 hub for tech bros

    Opinion
    Anna, a young woman, smiles while typing on a laptop at a cafe table with a drink and potted plant.
  • Exclusive: Former Formula 1 figure invests £100k into new Pacer app dubbed ‘Sports Tinder’

    Sport
    White Martini Racing Formula 1 car on a grey track with green grass borders, in motion during a race.
  • Policing alone won’t solve London’s shoplifting epidemic

    Opinion
    Shoplifting incident in retail store with security camera footage showing suspect concealing merchandise in jacket
  • Beware the AI holiday let

    Opinion
    Holiday let house with slate roof, dormer windows, and a TO LET sign in the foreground.
  • New Premier League rules could see £11bn invested into new stadiums

    Sport Business
    Architectural rendering of a vibrant, modern urban development surrounding a large football stadium
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook