Rolling coverage of the latest economic and financial news, as Britain’s FTSE 100 is hit by Covid-19 fears againLatest: Footsie in worst rout since eurocrisisFTSE 100 has slumped by another 2%Footsie now flirting with correction, at a one-year lowIntroduction: European markets to tumble againOvernight, president Trump claimed risks are ‘very low’Coronavirus news: Japan to shut all schools 1.49pm GMT Budget airline easyJet is being hurt very badly by the selloff.Shares in easyJet are down 10% this morning, at £10.74. That’s down from £15 at the end of last week. 1.34pm GMT Newsflash: The FTSE 100 has just tumbled to a new 13-month low.The ongoing sell-off has pushed the index down by another 2.8%, or 202 points, to just 6839. Related: WPP shares dive amid business slowdown and staff travel restrictions Continue reading…
Via: FTSE 100 suffering worst week since 2011 as Trump fails to reassure investors – business live

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