Back

UK PM Johnson: Ministers will be able to close whole sectors in an area

The national lockdown in the UK was undoubtedly the right thing to do, British Prime Minister Boris Johnson reiterated on Friday.

Additional takeaways

"We can now control the virus through targeted local lockdowns."

"We are publishing framework for containing future outbreaks."

"Local authorities will be given new powers from tomorrow."

"Ministers will be able to close whole sectors in an area."

"Ministers can order people to stay at home in specified areas."

"Local approach relies on an effective testing system."

"As we approach winter, we need to go further in COVID response."

"Possible the virus will be more virulent in winter."

"We're planning for the worst, we should also hope for the best."

Market reaction

The UK's FTSE Index largely ignored these comments and was last seen gaining 0.4% on the day at 6,275 points.

Australia: Jobless rate to peak at 8% in the next months – UOB

UOB Group’s Economist Lee Sue Ann reviewed the recently published labour market report in the Australian economy. Key Quotes “Australia's jobless rate
Baca selengkapnya Previous

US Dollar Index Price Analysis: Extra losses stays in the pipeline

DXY has resumed the downside on Friday, partially fading Thursday’s decent uptick. The index, however, manages well so far to keep the trade above 96.
Baca selengkapnya Next