UK stocks, pound fall as COVID strain prompts Europe to shut borders

Watch: Pound and FTSE 100 fall sharply as markets react to Europe’s UK travel bans

UK stocks and the pound sold off sharply on Monday morning, as investors reacted to fresh pandemic restrictions in Britain and news that much of Europe had shut its borders to the UK.

Billions were wiped off the FTSE 100 on Monday morning after a new more infectious strain of COVID-19 sparked panic among investors. Stock markets fell sharply around the globe amid fears that the strain could spread…


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