Just how robust some of our listed big businesses might be in the face of the coronavirus has been thrown into question.

Household name Cineworld was one of those firms to warn that in a worst-case scenario Covid19 could cause it to breach debt covenants.

It is a situation that could reportedly put the business, which has cinemas at Gloucester Quays and Cheltenham and which is heavily indebted, at the mercy of its lenders.

But the FTSE firm said a breach could occur in the "unlikely" event the virus wiped out two or three months revenue across its business.

It was news which came at the Stock Market saw dramatic falls and the Dow and S&P 500 in the Unites States of America saw their biggest declines since 1987.

This morning it was reported European stock indexes were recovering following volatile trading which saw various measure put in place to manage the situation.

On Friday the UK's Financial Conduct Authority (FCA) banned short selling (speculation the price of a stock will go down) of a number of Spanish and Italian shares after major falls in those country's indexes the day before.

Markets in Australia, India and Japan have also experienced major swings.