8/25/2020, 10:05 AM (Source: TeleTrader)
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Sharma: UK must continue to reopen through phases

United Kingdom Business Secretary Alok Sharma said on Monday that the British economy "must continue" to reopen in a "phased manner" to weather the negative effects of the coronavirus pandemic.

Britain recently experienced monthly growth in the gross domestic product, private sector, and retail sales as the economic recovery process unfolds, with Chancellor of the Exchequer Rishi Sunak describing the figures reported in June as "encouraging."

Sharma previously praised the government's efforts to protect jobs, saying the unemployment rate would have been "far worse" without Downing Street's financial relief scheme.

Breaking the News / JR