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Omicron Variant Risks Denting U.K. Demand, Warns BOE’s Mann

U.K. Tightens Coronavirus Rules
Photographer: Chris J. Ratcliffe/Bloomberg

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The emergence of the Omicron variant may hurt demand and confidence in the U.K., and policy makers need more information about the strain, and a host of other data, before deciding whether to act, Bank of England policy maker Catherine Mann said.