Johnson Discusses Plans to Reopen Britain’s Retail Sector

Britain is getting ready to ease lockdown restrictions starting next month, with several retail outlets and markets expected to reopen once

Johnson Discusses Plans to Reopen Britain's Retail Sector

According to PM Boris Johnson, Britain is getting ready to ease lockdown restrictions starting next month, with several retail outlets and markets expected to reopen once they meet the government’s guidelines. While outdoor markets and car showrooms could open as soon as June 1, non-essential retail outlets could reopen by June 15 if they comply with the government’s strict norms for security from COVID-19.

Speaking about his plans to reopen the British economy, Johnson remarked, “Today, I want to give the retail sector notice of our intentions to reopen shops, so they too can get ready. There are careful but deliberate steps on the road to rebuilding our country.”

Businesses have been given three weeks to prepare for restarting, and within this timeline, they have to confirm their plans for operating with keeping social distancing norms in mind. In addition, they also have to undergo a risk assessment and can operate only after passing stringent checks.

Johnson also cautioned against the possibility of a second wave of coronavirus once the economy reopens. Johnson added, “Enabling these businesses to open will be a critical step on the road to rebuilding our economy, and will support millions of jobs across the UK.”

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