UK PM Boris Johnson to Share Plan for Reopening Economy Next Week

UK PM Boris Johnson is all set to outline a plan for reopening the British economy sometime next week after several weeks of lockdown in hopes of the coronavirus pandemic peaking in the country. Johnson made this announcement during his first press briefing after recovering from COVID-19.

According to Johnson, the plan will discuss how the UK can restart economic activity even as it tackles the pandemic and brings it under control. Johnson remarked, “I will be setting out a comprehensive plan next week to explain how we can get our economy moving, how we can get our children back to school, back in to childcare, and how we can travel to work and make life in the workplace safer.”

While most of his focus still lies on containing the spread of the virus and bringing down the rate of infections as well as the number of deaths, he would also like to ensure that any steps taken do not result in a resurgence in the number of cases – something several public health experts around the world fear.

On Thursday, Johnson confirmed that the UK has officially passed the peak of cases and is experiencing a downfall in the number of new cases. His plan to reopen the economy will include a roadmap of possible steps and a timeline for when each of the recommended measures can expect to be rolled out.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

HFM

Doo Prime

XM

Best Forex Brokers