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Coronarivus: UK government unveils plan to ease lockdown in four steps

The UK government published a document detailing its plan to ease coronavirus-related lockdown measures on Monday.

Key takeaways as summarized by Reuters

“Lockdown roadmap split into four steps.”

“Minimum of five weeks between each step.”

“Dates given are earliest possible, dependent on data.”

“From March 8, all children and students to return to schools and colleges.”

“From March 8, can meet outdoors for recreation with one other person.”

“From March 8, stay at home order remains in place.”

“From March 29, rules will allow more outdoor mixing.”

“From March 29, stay at home order ends.”

“From March 29, guidance is to stay local wherever possible.”

“From March 29, no change in guidance to work from home.”

“From March 29, still no overseas travel.”

“Step 2 begins no earlier than April 12.”

“In step 2, non-essential retail to open.”

“In step 2, gyms, swimming pools and public building reopen.”

“In step 2, hospitality venues can reopen for table service outdoors.”

“In step 2, self-contained accommodation can reopen.”

“Step 3 to begin no earlier than May 17.”

“In step 3, most outdoor social contact rules lifted.”

“In step 3, some indoor mixing allowed.”

“In step 3, indoor hospitality can reopen.”

“In step 3, hotels can reopen.”

“In step 3, crowds will be allowed to attend sporting events indoors and outdoors subject to capacity limits.”

“In step 3, international travel allowed, subject to the outcome of the review.”

“Step 4 to begin no earlier than June 21.”

“In step 4, all legal limits on social contact removed.”

“In step 4, hope to reopen final closed sectors of the economy.”

“Will conduct a review on COVID status certification, hopeful it can report before June 21.”

“People should continue to work from home until findings of the review of social distancing measures, expected to be completed before June 21.”

“No international travel before May 17 at earliest.”

“COVID status certification will look at whether vaccine or tests can permit you to do things more easily.”

“Will conduct review on how to allow more travel, review to report on April 12.”

“Will conduct a review on how to safely hold events.”

“Will conduct a review of social distancing measures, to be completed before step 4.”

“Government lockdown roadmap applies to England.”

Market reaction

The GBP/USD pair continues to edge higher after this announcement and was last seen gaining 0.35% on the day at 1.4065.

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