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Flybe collapses into administration as all flights grounded – latest news

Flybe collapses after government pulls £100m loan
Coronavirus impact was final straw for struggling regional airline
Around 2,000 jobs at risk
Underlying profits drop at John Lewis Partnership as it maintains token bonus
Europe shares drop as coronavirus spreads
Ambrose Evans-Pritchard: The Fed may have brought us closer to a deflationary bust

Correction: HSBC has evacuated research department

Financial News has made an amendment to its story on the coronavirus scare at HSBC (see 11:01am update). It appears the research department has been evacuated, not the trading floor. FN reports:

The UK bank has cleared its research department, according to people familiar with the matter, after an analyst contracted the Covid-19 virus.
If marks the first case of the respiratory illness at a major financial institution in the UK.

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