The FTSE 100 is down 0.7 per cent after two days of heavy losses as the rapid spread of coronavirus prompts fears of a global pandemic.
The FTSE-250 insurer is informing staff at sites around the UK about the plan to lose almost 7% of its workforce, Sky News learns.
This FTSE 100-listed trust is trading at a huge discount. I'd snap up shares here for big long-term profits, says Tom Rodgers.