THE GUARDIAN: Airlines and pub firms among hardest hit after Matt Hancock’s warning UK is at tipping point
Shares in London have come under severe pressure amid fears that a second wave of Covid-19 cases will force the government into harsh lockdown measures that will damage the economy.
The FTSE 100 – the leading benchmark of the UK stock market – was down almost 200 points in early trading and on course for its worst day in three months.
With the health secretary, Matt Hancock, warning that the UK was at a coronavirus “tipping point” and that people tended to contract Covid-19 in social settings, shares in travel and hospitality companies were among the hardest hit by the sell-off. » | Larry Elliot, Economics editor | Monday, March 21, 2020
