UK factory output hits 10-month high - business live
(The Guardian Business News)

Rolling coverage of business and economics news as data shows UK manufacturing sector activity rose to its highest level since April last year 11.17am GMT Investors are turning to safe haven assets amid coronavirus fears, sending gold prices to a seven year high of $1,634.27 per ounce this morning. 11.01am GMT Car sales in China have collapsed by 92% as the coronavirus shutdown wreaks havoc on the automotive industry, writes Mark Sweney. The China Passenger Car Association said that `barely anybody` has looked to buy cars in the first half of February and most dealerships have remained closed as the coronavirus shutdown takes its toll on businesses across China. Continue reading...