UK PM Boris Johnson to Share Plan for Reopening Economy Next Week - Forex News by FX Leaders
UK PM Boris Johnson to Share Plan for Reopening Economy Next Week

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

Posted Friday, May 1, 2020 by
Arslan Butt • 1 min read

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.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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