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Pound at 35-year low as markets react to ‘magnitude of pandemic’

Pound at 35-year low as markets react to ‘magnitude of pandemic’

Business
Global stock markets have hit reverse again while the pound is at its lowest level against the dollar in 35 years as investors flee ever deepening gloom over the coronavirus crisis.The FTSE 100 plunged by just over 4% on Wednesday to 5,080 points - wiping out strong gains seen the day before - despite "unprecedented" measures announced by chancellor Rishi Sunak to help businesses and households weather the storm. Markets had been lifted on Tuesday by the promise of stimulus measures, with New York's Dow Jones climbing more than 5% after US President Donald Trump unveiled plans for an $ 850bn stimulus package, including help for airlines. But it took less than 24 hours for the enthusiasm to fade, with Asian markets falling again overnight and the US and European indices following, firml...
‘Paranoid? Prudent? Panicked?’: Stars react to coronavirus

‘Paranoid? Prudent? Panicked?’: Stars react to coronavirus

Entertainment
As coronavirus continues to spread around the globe, celebrities are doing their bit to share safety advice - and selfies.Gwyneth Paltrow shared a photo of herself wearing a large black face mask as she travelled to Europe. The 47-year-old Goop entrepreneur joked about her role in the 2011 film Contagion, which is about a mystery virus that spreads across the world killing tens of millions of people.Speaking about herself in the third person, Paltrow wrote: "En route to Paris. Paranoid? Prudent? Panicked? Placid? Pandemic? Propaganda?"Paltrow's just going to go ahead and sleep with this thing on the plane. ...
‘No way! What an honour!’ – Stars react as Brit Awards nominations are revealed

‘No way! What an honour!’ – Stars react as Brit Awards nominations are revealed

Entertainment
Lewis Capaldi and Dave lead the Brit Awards shortlists for 2020, with four nominations each.Stormzy, Mabel, Michael Kiwanuka, Charli XCX, Harry Styles and Coldplay are also among the acts to receive a nod for this year's awards, which will be the 40th major Brits show. Both Scottish singer-songwriter Capaldi and London rapper Dave are up for new artist of the year, and despite their relative infancy in the industry are also up for the big awards of best male solo artist, best album and song of the year, thanks to chart-topping debuts in the past 12 months. Image: Stormzy and Harry Styles (below) are also up for several awards The past 12 months have been hugely successful for both artists, with Dave's album...
Fans react brilliantly as Manchester City post premature Raheem Sterling celebration tweet

Fans react brilliantly as Manchester City post premature Raheem Sterling celebration tweet

Sports
'you played yourself' Sterling was denied a dramatic injury time winner as Tottenham snatched a stunning away-goals victory at the Etihad Stadium Raheem Sterling was denied a dramatic injury time winner as Tottenham snatched a stunning away-goals victory against Manchester City at the Etihad Stadium. Everyone had thought that the England winger had won it at the death for Pep Guardiola’s side, so much so that even Man City’s social media team posted a premature celebration tweet after the ball went in. Sterling thought he had scored the winner but his goal was disallowed But VAR intervened to stun the Etihad into silence and Spurs went through to the semi-finals despite a 4-3 defeat on the night. Have a look at Man City’s tweet below… wfiuh
Pound and business react to Brexit deal

Pound and business react to Brexit deal

Business
The Brexit-battered pound has failed to benefit from the UK's deal with the EU to secure trade talks.Sterling fell half a cent against the greenback as the breakthrough was confirmed in Brussels, sinking from above $ 1.35 to $ 1.3465.Analysts said a strengthening of the US currency later, with the pound dropping to $ 1.34 on Friday evening, was driven by a strong set of US employment figures which dominated sentiment.The pound also fell back against the euro after hitting six-month highs when European Commission President Jean-Claude Juncker declared "sufficient progress" had been made in the first phase of Brexit talks to allow negotiations on future trade to begin later this month.:: LIVE: PM secures Brexit deal with £40bn feeVideo:May: I look forward to 'next phase of talks'It was the d