Coronavirus UK: FTSE drops again as it slumps due to gloomy prospects for new drugs

Stock markets fell today after a promising drug that experts hoped would become a breakthrough treatment for coronavirus flopped in its first key trial. The FTSE 100 index of Britain’s largest companies dropped by 86 points or 1.48 per cent to 5,740 this morning – the US Dow also dipped slightly. Investors had high hopes … Read more