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Week closes with UK markets bloodbath as panic tightens its grip ahead of the weekend

It was an absolute bloodbath for UK shares on Friday as growth fears escalated from the spreading coronavirus outbreak, leaving markets staring down the barrel of a second straight week of losses. Even the US Fed rate cut earlier in the weak failed to dent the negative mood. There were further hefty losses on US markets in afternoon trade with the S&P 500 making another near-3% fall to ...

Director deals: Softcat, Ten Lifestyle and Sumo bosses cash in on rising share prices

Bosses at three companies have taken advantage of their firms’ rising share prices to cash in a chunk of their stakes in the past week. The biggest deal involved the managing director of IT infrastructure provider Softcat (SCT), Colin Brown, who sold 125,000 shares at £12.06 apiece for a total sum of £1.5m. The deal is the second sale Brown has made in the past year, after selling ...
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