Coronavirus crash: World stocks recover ground as Trump pledges 'relief'

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Stock markets are staging a tentative recovery on Tuesday following their worst day since the 2008 financial crisis

In the UK, the Bank of England has been working in coordination with the Treasury on how businesses can be supported ahead of possible supply chain disruption.

It refused to give guidance on expectations for the 12 months to June as the outbreak evolves but said it would expect weaker sales volumes in the short term to catch up later in the year.The budget on Wednesday is expected to be used to announce support for UK firms - as chancellor Rishi Sunak pledges to give the NHS what it needs to deliver the best possible care.

 

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