British companies mothball results as virus shreds financial market rulebook

LONDON (Reuters) - British companies on Monday rushed to heed unprecedented calls by regulators to mothball their results in the face of the escalating coronavirus, the latest rewrite of the financial market rulebook.Britain's Financial Conduct Authority said on Saturday that listed companies planning to report over the next few days should hold off for two weeks to better assess how the pandemic is affecting their business. The move, the first time UK Plc has ever been asked to suspend results..