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 plunge...

After opening lower on Wednesday as the coronavirus death toll approached 500 in China, the FTSE 100 firmed 31.46 points to 7,471.28 with global stock markets in recovery mode, although oil remained weak amid fears the outbreak will lead to persistently lower demand from China and clobber the global tourism sector.Tobacco maker Imperial Brands (IMB) wafted 8% lower to £17.97 on a warning full...