👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

UK wants to 'slowly and cautiously' ease lockdown to restart economy: minister

Published 05/10/2020, 04:14 AM
Updated 05/10/2020, 04:15 AM
© Reuters. Daily COVID-19 News Conference in London

LONDON (Reuters) - The British government wants to slowly and cautiously restart the economy, housing minister Robert Jenrick said on Sunday ahead of a televised address from the prime minister to set out plans to begin easing the coronavirus lockdown measures.

It has been nearly seven weeks since Boris Johnson asked Britons to stay at home to help prevent the spread of the virus, all but shutting down the economy.

"The message ... of staying at home now does need to be updated, we need to have a broader message because we want to slowly and cautiously restart the economy and the country," Jenrick told Sky News.

© Reuters. Daily COVID-19 News Conference in London

Jenrick said the easing of the lockdown would be conditional on keeping the spread of the virus under control, and if the rate of infection begins to increase in some areas, more stringent measures could be re-introduced.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.