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Global stocks fall amid fears of new coronavirus strain

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Canada to suspend all flights from U.K. for 72 hours as new coronavirus variant spreads The strain, said to be up to 70 per cent more transmissible than the original, has put some 16 million Britons under tougher lockdowns and prompted several countries to shut their borders to the UK, effectively overshadowing positive U.S.

news on a much-needed stimulus bill.The shutdown of international travel and the flow of freight in and out of Britain threatens chaos for British households and businesses.Coinciding with the lack of a post-Brexit trade deal ahead of the Dec.

31 deadline, it sent the pound 2.5 per cent lower below $1.32 putting it on track for its biggest daily fall since March.Losses of more than three per cent on UK equities were.

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