Good morning, and welcome to our live, rolling coverage of business, economics, the eurozone and financial markets. Investors have their eyes on one thing this morning: just how bad is the omicron coronavirus going to be for economies across the world. UK and European stock market futures suggest that traders are rattled: the FTSE 100 is on course to fall by 1.9% on opening, while Germany’s Dax benchmark index and France’s Cac 40 are set for declines of 2.4% apiece.
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Up yours, neoliberalism!