Commenting on the UK’s labour market report, which showed that the Claimant Count Change surged by 94.4K in July, “we always knew that this was going to be a tough time,” British Prime Minister Boris Johnson said on Tuesday.
Additional takeaways
“We need to make sure that we don’t have a second wave.”
“Got to get schools back.”
“What we’re going to have to do is keep going with the plan to build.”
“Obviously, we want to see a return to economic vitality and health.”
“There will be bumpy months ahead.”
Market reaction
These comments don’t seem to be having a negative impact on market sentiment. As of writing, the UK’s FTSE 100 Index was up 2.16% on the day at 6,181.