08 July, 2021
Quarantine rules to soften
Amber turning yellow
Government ministers are set to approve a policy that will allow travel from amber destinations without isolating for up to 10 days. It will apply to travellers who can prove they’re fully vaccinated, provided they do a test before flying and on the second day after their arrival. This comes as welcome news for the travel industry, which has been hit hard by the coronavirus pandemic.
UK adviser bias
Research from Quilter Investors has shown UK investor portfolios to be biased towards domestic investments. The UK has been the worst performing major equity market of 2020. Moreover, investors who receive financial advice had an even higher tendency towards home bias in their portfolios.
Who gets hit the hardest
The Bank for International Settlements (BIS) found that countries with higher income inequality recover from recessions less effectively than lower inequality nations. In more equal countries, monetary policy proves more effective. The economists’ view is that only a more holistic framework, one including better safeguards for firms and individuals can improve economic stability.
Violence’s coming home
A study has found that football matches starting at midday link to domestic abuse. It has found a 5% fall in domestic abuse incidents during the two-hour duration of a game. After the game abuse started increasing. It peaked about 10 hours after a game started, with about 8.5% more incidents than average at that point. The day drinking associated with football matches can amplify existing domestic abuse in both frequency and intensity.