Politics

El-Erian: Covid-testing capacity crunch is a ‘wake up call’

El-Erian warned that the UK's coronavirus testing system was getting overwhelmed

The impact of the second wave of coronavirus on the UK is a “wake up call”, Mohamed El-Erian, chief economic adviser to insurer Allianz said on 21 September.

The UK’s FTSE 100 index of leading shares was down 3.2% on the day, as of 15:00 BST, as fears of a second UK national lockdown gripped markets.

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