Rolling coverage of the latest economic and financial news as oil prices rocket on production cut hopes and EU nears rescue deal
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4.42pm BST
London’s O2 arena, once known as the Millennium Dome, is to be turned into a training facility for NHS staff working at the new Nightingale field hospital set up nearby.
The 20,000 seater stadium, which was due to host acts including Snoop Dogg, the Pussycat Dolls and Whitesnake, will be used as an educational training facility. No patients will be treated on site.
4.36pm BST
European stock markets have just closed – with the Fed’s huge stimulus package (I believe Jerome Powell said there were nine separate programmes) buoying shares.
The FTSE 100 has provisionally gained 2.8% to reach 5,837 points.
