The FTSE 100 has plunged 1.9 per cent to 7,380.5, while the FTSE 250 has closed down 1.4 per cent at 20,599.22. Among UK companies with reports today are Asda, Audioboom, British Land and Sports Direct owner Frasers Group. Read the Monday 25 April Business Live blog below.

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This post first appeared on Dailymail.co.uk

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