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Chancellor of the Exchequer Rishi Sunak will set out the plans for the phase-one of the economy next week, British Prime Minister Boris Johnson announced on Tuesday.

Additional takeaways

“This is a chance to be radical and be bold.”

“We will not attack our great companies.”

“We will not have a punitive raid on wealth creators.”

“We must build people up.”

“We will fix the problems of social care.”

“We are finalising our plans on social care.”

“We will make the UK the most attractive place to invest and set up a company.”

“I want to end the injustice of educational inequality across regions.”

“We will back our police all the way.”

“We will end the lunacy that stops us deporting some violent offenders.”

“We will build a more beautiful Britain.”

“Now is the moment to strengthen the partnership that makes up the union.”

“The union of the United Kingdom has shown its worth in the crisis.”

“We will have an Infrastructure revolution and build enough homes.”

“We will shortly bring forward the most radical reform of our planning system since WW2.”

“COVID has taught us the cost of delay.”

Market reaction

The GBP/USD pair extended its recovery on these comments and was last seen losing 0.08% on the day at 1.2286.