UK PM Johnson: Won't hesitate to reimpose restrictions if virus runs out of control

British Prime Minister Boris Johnson said on Friday that he wants continued restrictions on closed sectors of the economy to be lifted as soon as possible. Johnson further announced that they will be setting a timetable for reopening next week.

"Local outbreaks of COVID-19 will be a feature of our lives for some time to come," the PM acknowledged and reiterated that he will not hesitate to reimpose restrictions if the virus runs out of control. "We need to move towards targeted, local measures."

Market reaction

These comments don't seem to be impacting the GBP's performance. As of writing, the GBP/USD pair was virtually unchanged on the day at 1.2462.