FTSE 100 slides on weak PMI data, bank dividend halt
Share:
(Reuters) - London's stock markets suffered sharp losses on Wednesday, as banking shares dived after suspending dividend payments, while plunging factory activity in Britain and elsewhere underlined the severe economic damage from the coronavirus pandemic.Shares of Barclays , HSBC , Lloyds Banking Group , Royal Bank of Scotland and Standard Chartered dropped between 5.3% and 9.7%, dragging the FTSE 100 lower by 4.1%.The lenders said on Tuesday they would suspend dividend payments, bowing to..