Pfizer’s Covid vaccine approved for roll out next week,\u00a0providing a lifeline to the\u00a0travel industry. The UK has approved the coronavirus vaccine for widespread use, with immunisations beginning within days<\/p>\n

Shon Alam, Founder of foreign exchange service Bidwedge,\u00a0comments\u00a0on the impact this will have on the travel industry\u00a0and\u00a0British travelLers.<\/p>\n

The\u00a0Department of Health and Social Care officials made the announcement this morning, making the UK\u00a0the first country in the world to approve the Pfizer\/BioNTech\u00a0vaccine for widespread use.<\/p>\n

The UK has\u00a0already ordered 40m doses of the jab, which\u00a0offers up to 95% protection against Covid-19. This\u00a0is\u00a0enough to vaccinate 20m people, and\u00a0will see\u00a0immunisations\u00a0for 800,000 vulnerable people commence next week.<\/p>\n

The travel sector is one particular industry that has felt the full force of the pandemic, and was effectively ground to a halt earlier this year. While\u00a0news\u00a0of\u00a0the efficacy of several vaccines over the\u00a0past few weeks\u00a0provided the industry with a glimmer of hope, this morning’s announcement provides certainty that the travel sector will be able to reopen\u00a0very soon, and return to some semblance of normality.<\/p>\n

Of course, this will also be welcome news for\u00a0British holidaymakers,\u00a0who have eagerly been awaiting to make up for lost time and jet off on\u00a0their next\u00a0holiday.<\/p>\n

Shon Alam,\u00a0Founder of currency exchange platform,\u00a0Bidwegde,\u00a0comments\u00a0on the impact this announcement will have on the travel industry, and what this means for British travellers:<\/p>\n

“This morning’s\u00a0announcement is\u00a0undoubtedly the biggest news to impact the travel industry since the start of this\u00a0pandemic.\u00a0Over the past few weeks, the news of\u00a0successful vaccine trials were already boosting confidence that the travel sector is\u00a0recovering, shown by the rise in stock prices of EasyJet, and\u00a0the owner\u00a0of British Airways, IAG.<\/p>\n

Now, the announcement\u00a0that the British public can begin receiving\u00a0immunizations within a matter of\u00a0days, will absolutely provide a huge surge of confidence that the travel industry is definitely on its way to recovery. For\u00a0travelers too, many of whom have been\u00a0eagerly awaiting\u00a0the moment that it is safe for them to\u00a0travel again, this will provide the assurance they need to begin planning their trips abroad. Hopefully, this news signals that we are returning to some semblance of normality and that we can\u00a0confine 2020 to the history books.<\/p>\n

For those consumers looking to book\u00a0holidays in 2021 and 2022,\u00a0people will start\u00a0to\u00a0buy up their foreign currency now before the value of the foreign currency increases massively again. Next year, there will be a mad dash for Euros and Dollars,\u00a0but we implore caution, and for British holidaymakers to carefully consider where they buy their exchange from.<\/p>\n

As Covid hit the travel sector hard, new alternative and transparent providers have grown out of the ashes, and now consumers have services, such as Bidwedge, to find incredible rates on swapping currencies, making their next holiday that bit sweeter.”<\/p>\n

The question in the majority of people’s minds is whether these vaccines are safe due to the quick turnaround and the lack of adequate testing that most vaccines will normally endure before being put in the market. In addition to that, the most concerning part to most readers is whether the government plans to make it mandatory. A poll ran by the National Post suggested that 90% of our readers nationwide will say “No” to any calls for making the vaccine mandatory.<\/p>\n

Have you got a news story for The National Post? E-mail: laura.campbell@thenationalpost.co.uk <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Pfizer’s Covid vaccine approved for roll out next week,\u00a0providing a lifeline to the\u00a0travel industry. The UK has approved the coronavirus vaccine for widespread use, with immunisations beginning within days Shon Alam, Founder of foreign exchange service Bidwedge,\u00a0comments\u00a0on the impact this will have on the travel industry\u00a0and\u00a0British travelLers. The\u00a0Department of Health and Social Care officials made […]<\/p>\n","protected":false},"author":4,"featured_media":6196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,102,106],"tags":[1788,1786,1787,646,1785],"class_list":{"0":"post-6195","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"category-politics","9":"category-science","10":"tag-breaking-news","11":"tag-covid-19","12":"tag-pfizer","13":"tag-politics","14":"tag-vaccines"},"acf":[],"_links":{"self":[{"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/posts\/6195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/comments?post=6195"}],"version-history":[{"count":0,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/posts\/6195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/media\/6196"}],"wp:attachment":[{"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/media?parent=6195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/categories?post=6195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thenationalpost.co.uk\/wp-json\/wp\/v2\/tags?post=6195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}