Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

FTSE 100 plunges 4% on dark day for UK jobs

Post Thumbnail

The FTSE 100 crashed 252.43 points, or 4%, to 6,076 on a dark day for UK jobs.

Other major markets also suffered hefty declines as global Covid-19 infections continued to rise, including in some countries which seemed to have contained the virus.

The French Cac 40 and German Dax indices shed 4.18% and 4.47% respectively, while in the US the Dow Jones was 5% lower by the London market close.

Brent crude suffered a price plunge after US oil stocks hit an all-time high, with a barrel of the global benchmark down more than 6% at $38.67 by 6.15pm.

Shares in Centrica fell more than 4% to 40.12p after the Scottish Gas owner announced 5,000 job cuts. More than half of the job losses will hit leadership roles as Centrica strips out three layers of middle managers in an attempt to cut costs.

Manufacturing giant Johnson Matthey – down nearly 7% at £20.43 – is axeing 2,500 jobs after taking a hit from Covid-19.

British Airways parent International Consolidated Airlines Group was nearly 9% lower at 262.9p after the Unite union criticised its £890 billion deal to buy Spanish carrier Air Europa “while pleading poverty”.​