Flybe collapses into administration as all flights grounded – latest news
- Flybe collapses after government pulls £100m loan
- Coronavirus impact was final straw for struggling regional airline
- Around 2,000 jobs at risk
- Underlying profits drop at John Lewis Partnership as it maintains token bonus
- Europe shares drop as coronavirus spreads
- Ambrose Evans-Pritchard: The Fed may have brought us closer to a deflationary bust
Correction: HSBC has evacuated research department
Financial News has made an amendment to its story on the coronavirus scare at HSBC (see 11:01am update). It appears the research department has been evacuated, not the trading floor. FN reports:
The UK bank has cleared its research department, according to people familiar with the matter, after an analyst contracted the Covid-19 virus.
If marks the first case of the respiratory illness at a major financial institution in the UK.