Stock market responds to new lockdown rules and closure of UK border with France
The London stock market tumbled 1.8% in early trading in a sharp sell-off by investors reacting to the new lockdown restrictions, a new strain of coronavirus and stalled Brexit talks.
The FTSE 100, London’s blue-chip index, fell by 117 points to 6,410 points on opening on Monday. The heavy losses come as Brexit talks remain in limbo, France implements a ban on accompanied freight for 48 hours, and a new strain of coronavirus emerges in the UK.
