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Government to announce roadmap out of lockdown this afternoon
- The biggest event for the UK this week will undoubtably be the government's announcement regarding the roadmap out of lockdown.
- Cabinet are expected to sign off the decisions this morning with the Prime Minister expected to give a statement to parliament at 15:30GMT (timing approximate) before a press conference is given to the nation at 19:00GMT.
- According to media reports, this is likely to be accompanied by a "60-page document" emphasising "data not dates".
- It is looking likely that all school children will return on 8 March. The Telegraph is reporting that from 29 March people will be able to meet outside again if they stick to either a two household rule (with no limits on the size of a household) or the "rule of six" for people from multiple households. This is also seen as the date people will be allowed to leave their local area.
- According to multiple media reports, pubs and restaurants will be allowed to open for outside service in the next stage (likely April) with non-essential retailers also opening.
- Then the next steps would be to allow indoor pub/restaurant service and hairdressers to open before staycations are allowed.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.