Rolling coverage of the latest economic and financial news, as stocks begin the new quarter with fresh losses1pm BST: FTSE 100 down 220 points or 3.8%UK firms cut headcount as output slumpsEurozone factory output slumped last monthBank shares slide after cancelling dividendsCoronavirus – latest updatesSee all our coronavirus coverage 2.54pm BST Not a good start to April:Dow tumbles 700+ points to start second quarter as Trump warns of ‘very painful two weeks’ https://t.co/9W5nxtToNJ pic.twitter.com/SM4XcMPC4Q 2.36pm BST The New York stock exchange has begun the new quarter as it ended the old one – with a wave of selling.The Dow Jones Industrial average has plunged by 4% at the start of trading, shedding 864 points to 21,053. That’s a one-week low, I reckon.U.S. stocks open sharply lower https://t.co/X8Yq0mEJYm pic.twitter.com/oyV9PY7AHO Continue reading…
Via: Markets slide as UK banks cancel dividends and factories slump – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…