UK to unveil significant financial package to help firms tomorrow

Reuters reports that the British Finance Minister Rishi Sunak is expected to unveil a "significant financial package" on Tuesday for firms hit by the coronavirus outbreak, a Daily Mail reporter tweeted on Monday.

"Sunak is expected to unveil the package at a press conference alongside UK Prime Minister Boris Johnson, the tweet said, citing sources."

key notes

• UK finance minister to attend Tuesday's coronavirus press conference alongside PM Johnson - Daily Mail reporter tweeted.
• UK finance minister to unveil 'significant financial package' on Tuesday to help firms hit by coronavirus outbreak - Daily Mail reporter tweeted.

FX implications

• GBP/USD sinks to 1.22 as COVID-19 deaths jump in last 24-hours