Johnson Says Pandemic End in Sight as He Plans U.K.’s Recovery
Published Date: 2/22/2021
Source: Bloomberg Quicktake: Now
U.K. Prime Minister Boris Johnson declared the end of the pandemic is “in sight” for England, as he set out his aim to ease lockdown rules in a series of stages over the next four months. Johnson detailed a four-step plan that will reopen schools from March 8, outdoor hospitality from mid-April and sports stadiums by mid-May. From June 21 all remaining businesses, such as nightclubs, will resume operations and rules on social contact will be scrapped. The premier warned that his blueprint for a return to normality depends on keeping the virus under control. More deaths will inevitably follow the ending of lockdown but if infection rates surge dramatically again, restrictions will have to stay, he said. “This road map should be cautious but also irreversible,” Johnson told members of Parliament in London. “The end really is in sight and a wretched year will give way to a spring and a summer that will be very different and incomparably better than the picture we see around us today.” While U.K. leisure and travel stocks jumped as Johnson revealed his timeline, he is already facing pressure to move faster after the economy endured its deepest recession in more than 300 years. Chancellor of the Exchequer Rishi Sunak will announce more support for pandemic-hit businesses in his budget next week. England has been under lockdown since early January, and even under Johnson’s plan, government guidance asking people to work from home where possible will remain in place at least until June 21, when social distancing measures will be reviewed. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake