Coronavirus: Stock market suffers worst week since 2008 crash – BBC Newsnight
February 29, 2020
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11:23Now PlayingCoronavirus: Stock market suffers worst week since 2008 crash – BBC Newsnight
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as posted by the channelAs stock markets across the world slide, Newsnight speaks to health minister Helen Whately about how the government is dealing with all sides of the coronavirus outbreak. Subscribe to our channel here
Over £200 billion was wiped off the value of companies on the UK FTSE 100 in one of the worst weeks for markets since the 2008 financial crash.
Meanwhile, a first UK citizen has died of the Covid-19 coronavirus. He was a passenger on the Diamond Princess cruise ship in Japan.
The total number of coronavirus cases in the UK is now 20, after the first person-to-person transmission was confirmed.
With the potential for both a human and economic crisis, can the government retain control and ensure neither market nor people panic?
Business editor Helen Thomas reports, and Katie Razzall is joined in the studio by health minister Helen Whately.
Our coverage on the coronavirus outbreak:
CoronavirusStock market suffers worst week since 2008 crash
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CoronavirusHow is it affecting the economy?
CoronavirusHow should China's handling of the crisis inform our response?
CoronavirusIs the UK’s response to China virus proportionate?
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#Coronavirus #Covid19 #2019nCov
Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews.
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