Skip to content

January 2021

Disclaimer :
"Any views or opinions expressed in these blogs are solely those of the author and might not represent those of Access Credit Management Limited."

2020 Was Worst Year for the FTSE 100 Since 2008

As 2020 comes to an end, analysts are looking to see how the financial landscape has changed due to Brexit and the coronavirus. One of the clearest signs of the damage done this year is in the stock markets, which dropped heavily in the UK but not in other key exchanges around the planet.

The FTSE Performance

In the UK, the performance of the FTSE 100 in 2020 was worse than anything seen since the crisis of 2008. As it closed for the year, the country’s top index showed a total drop of 14.35%.

Governments Warned to Keep on Providing Financial Help During Pandemic

The International Monetary Fund (IMF) has advised governments and central banks around the planet of the need to carry on providing aid programs and supporting low interest rates while the Covid-19 pandemic grips us. They have warned that stopping the help at this stage could lead to a stock market crash.

The Full Story