UK PM Boris Johnson updates COVID-19 to public in live broadcast

UK PM Boris Johnson is addressing the nation around COVID-19 and has said, "To put it simply, the NHS will be unable to handle it, meaning more people are more likely to die." Prime Minister Johnson reluctantly has instructed everyone to stay at home as part of a social distancing campaign, announcing rules and reasoning to the public which include the following:

Key comments

  • It's vital to slow the spread of disease to protect NHS ability.
  • From this evening, I must give the British people a simple instruction, you must stay at home. 
  • Many lives will be lost.
  • We are strengthing our NHS.
  • We are buying millions of testing kits to turn the tide of this invisible killer. 
  • We will beat this virus, together.
  • Stay at home, protect out NHS and save lives.
  • Police to have power to enforce lockdown, including use of fines.
    Measures to initially last for 3-weeks.
  • Shops will be closed.
  • UK to close all non-essential stores, public gatherings with more than 2 people banned.
  • UK PM Johnson says closing immediately all shops selling non-essential goods,​including clothing and electronic stores and other premises including libraries, playgrounds and outdoor gyms, and places of worship.
  • Says will stop all gathering of more than two people, except people you live with.
  • Says we’ll stop all social events​, including weddings, baptisms and other ceremonies, but excluding funerals.
  • Says restrictions will be kept under constant review.
  • Says we will look again at restrictions in three weeks.
  • Says we will relax restrictions if the evidence shows we are able to.
  • Says the way ahead is hard, and it is still true that many lives will sadly be lost.
  • Says each and every one of us is directly enlisted in fight against coronavirus.

Only reasons to leave home

  • You can Shop, infrequently as possible, food and medicine.
  • Go outside for only one form of exercise a day.
  • Can leave home to care for a vulnerable person.
  • Can travel to and fro work, but only if necessary. 

FX implications

GBP moved a little higher across the board despite the fear. The UK is now on lockdown and perhaps there is a bid in GBP as there are more guidance and clarity from the government with an action plan.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news

Latest Forex News

Latest Forex News

Editors’ Picks

EUR/USD extends sideways grind around 1.1650 after mixed US data

EUR/USD is struggling to find direction on Thursday and continues to fluctuate in a relatively tight range around mid-1.1600s. Mixed data releases from the US don't seem to be having a noticeable impact on the greenback's performance against its major rivals.


GBP/USD struggles to pull away from 1.3800

GBP/USD retraced a portion of Wednesday's during the European trading hours pressured by the renewed USD strength and the souring market mood. With the latest US data failing to trigger a reaction, the pair stays in a consolidation phase near 1.3800.


XAU/USD struggles for direction, flat-lined above $1,780 level

The risk-off impulse in the markets extended some support to the safe-haven gold. Elevated US bond yields, a modest USD strength capped the upside for the metal. Bulls need to wait for a move beyond the $1,800 mark before placing fresh bets.

Gold News

Buying Solana now to gain 700% profits by 2022

Solana price has been on a massive run-up in 2021 from $1 to $216 in roughly eight months. This stellar climb is likely to continue into 2022 as significant bullish signs emerge. Moreover, the start of a new bull run will serve as a tailwind for SOL.

Read more

Netflix: Three reasons to sell NFLX after earnings

NFLX has been strong into earnings as investors digested the massive success of Squid Game and hoped this would feed through into very strong subscriber numbers. Netflix was out straight after the bell with earnings.

Read more