Coronavirus fears wipe £200bn off UK firms’ value

Coronavirus fears wipe £200bn off UK firms’ value

Image copyright AFP

London’s FTSE 100 share index has seen one of its worst weeks since the depths of the financial crisis in 2008 as markets continue to reel from the impact of the coronavirus.

Shares have shed almost 13% of their value, wiping £210bn from the value of companies on the index.

Investors are worried after a surge in the number of companies warning about the impact of the…

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