On New Year’s Day, much of the UK is under weather warnings for snow, wind, and rain. “Multi-hazard storm, combining severe gales, heavy rain and possibly significant snow as the rain runs into cold air,” warned Sky News meteorologist Dr Christopher England.

The most considerable snowfall on New Year’s Day will come from Donegal, across Northern Ireland, and into northern England and southern Scotland. Dr. England said that the wind appears to be heaviest in the south, with 60mph winds inland and 80mph gusts around the Irish Sea coastlines. The inclement weather continued on January 2, with the Met Office issuing yellow weather warnings for England, Wales, and portions of Scotland. The UK has experienced widespread disruption in recent days as thick fog descended. Tens of thousands of passengers had their flights delayed or cancelled, while vehicles were warned of risky conditions due to low visibility.

Meanwhile, the torchlight parade to kick off Edinburgh’s Hogmanay celebrations was cancelled on Sunday evening due to high winds for public safety. Revellers are expecting a “wet and rather windy” New Year’s Eve, with the possibility of snowfall in Scotland.

Met Office meteorologist Simon Partridge warns of “possibly disruptive weather” on December 31st, with Scotland likely to experience the worst of it. A yellow weather warning for winds of up to 70mph may cause travel disruption on New Year’s Eve from 7am to 11pm on Tuesday, covering Northern Ireland, north of York in England, Glasgow, Edinburgh, and Greenock.

Hedge funds and billionaires are already moving their money. Big banks are quietly raising bonusesChaikin Reports