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British stocks had the biggest intraday fall since 2008 and benchmark bond yields turned negative for the first time on investor fears that the coronavirus outbreak could stall the global economy, Reuters reported.
As the worries about the coronavirus outbreak hammered markets, Prime Minister Boris Johnson was preparing to chair an emergency meeting at which more stringent measures to tackle the outbreak will be considered.
Britain has so far reported three deaths and 278 cases of the new coronavirus.
