FTSE Sees Worst Day Since 1987 As British Government Moves To ‘Delay’ Spread Of Coronavirus

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FTSE Sees Worst Day Since 1987 As British Government Moves To ‘Delay’ Spread Of Coronavirus
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Prime Minister Boris Johnson said the U.K. is moving to the delay phase of its response to coronavirus outbreak, while London’s FTSE 100 index plummeted more than 10%

... [+]: The British government has held back from ordering school closures in response to the coronavirus pandemic as London’s FTSE 100 saw its worst day in more than 30 years, closing down more than 10.87%.

Those with flu-like symptoms should stay at home for at least seven days, while over-70s with serious medical conditions should not go on cruises, while international school trips should not go ahead. London’s FTSE 100 was down 10.87% at market close, marking its worst day since Black Monday stock market crash in October 1987, off the back of President Donald Trump’s emergency European travel ban.

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