And there are only four possible strategies:
To eradicate the virus from the entire population by enforcing lockdown. Or to enforce lockdown until there is an effective treatment. Or to enforce lockdown until there is a vaccine. Or to enforce lockdown to slow the spread of the virus, so as to prevent the NHS from being overwhelmed.
Eradication is virtually impossible with such a highly infectious disease. Even if the UK was successful, if other countries were not, keeping Covid-19 out would require border closures for years, maybe decades. Endless checks on planes, boats, lorries, cars. Constant testing and restrictions. It is almost certain that the virus would still slip through. This does not seem a viable option.
What about finding an effective treatment? The chances are vanishingly small. Influenza, a very similar virus, has been around for decades, and no game changing medications have yet been found.
As for a vaccine, this solution is so distant that it does not really exist. It will be a minimum of 18 months before an effective vaccine can be developed, then tested, then produced in sufficient quantities to be of any use. Waiting for 18 months before ending the lockdown would be socially and economically impossible. We would be committing national suicide.
So there is only one overall strategy that can be followed. Control the spread to avoid overwhelming the NHS. This has never been made explicit, but the government has, albeit indirectly, told us that this is exactly what they are doing.