Stock markets and sterling take heavy hit over Covid-19 and Brexit fears

Lorries parked on the M20 in Kent after the Port of Dover was closed (Steve Parsons/PA)

Traders reacted with concern over the latest restrictions announced by the British government on Saturday and the increased fears of a no-deal Brexit.

The FTSE 100 blue chip index had fallen by more than 1.7% when trading finished on Monday.