Last week, BA’s parent company, IAG, which also owns Iberia and Aer Lingus, reported a record loss of €4.2bn (£3.8bn) in the first half of the year as passenger numbers fell by 98% in the second quarter. The group, which is raising €2.75bn to strengthen its balance sheet to weather the crisis, made a €1.1bn profit in the first half of last year. … [Read more...] about Thousands of BA staff to find out if they will lose jobs due to Covid
75 000 jobs
Pubs need to know TODAY if 27,000 beer gardens can open by June 22 to give landlords enough time to train staff and prepare for social-distancing – as punters face reduced range due to draught ales taking three weeks to brew
Tourists will be allowed to travel freely across the EU by the middle of July under Government plans to water down its travel quarantine policy 'as quickly as possible' with the PM seeking a cross-EU exemption for British travellers. Ryanair boss Michael O'Leary said air passengers arriving in Britain will simply ignore the new 'rubbish' 14 day quarantine rules as airlines launched a joint legal action. Passengers arriving at London Heathrow Airport criticised the UK's new quarantine rules which came into force as they claimed they are unenforceable and will be difficult to police. Mobility data suggested that Britons are now travelling less than they were a fortnight ago despite draconian lockdown rules having been relaxed. The numbers showed there had been less direction requests for journeys by car, foot or on public transport in the first week of June than at the end of May. Mr Johnson is preparing tough new laws to crackdown on foreign takeovers of UK companies … [Read more...] about Pubs need to know TODAY if 27,000 beer gardens can open by June 22 to give landlords enough time to train staff and prepare for social-distancing – as punters face reduced range due to draught ales taking three weeks to brew
More than 10,000 British Airways workers being made redundant
More from Business Chancellor: There is hardship ahead for many people as furlough ends Trump steps up war against TikTok with new executive order Energy bills to fall by up to £95 as Ofgem cuts price cap Coronavirus: Hargreaves Lansdown adds record number of clients as stuck-at-home Britons turn to trading Facebook's Mark Zuckerberg is now worth $100bn Coronavirus: Businesses demand 'no surprises' approach to UK's local lockdowns … [Read more...] about More than 10,000 British Airways workers being made redundant
Chancellor: There is hardship ahead for many people as furlough ends
More from Business Trump steps up war against TikTok with new executive order Coronavirus: Businesses demand 'no surprises' approach to UK's local lockdowns Negative rates in Bank of England 'toolbox' as it sees longer virus recovery ahead Bank of England offers some better news but warns of economic 'scarring' Aviva shares surge on 'shake-up' and dividend resumption 'Big fat zero' profit boost to Serco from COVID-19 contracts … [Read more...] about Chancellor: There is hardship ahead for many people as furlough ends
Australia takes on Hollywood: Scott Morrison dishes out $400m to get film companies to make blockbuster movies Down Under – including Chris Hemsworth’s Thor: Love and Thunder
Shang-Chi and the Legend of the Ten Rings: $24.1 million for Marvel Studios' feature films Shang-Chi and the Legend of the Ten Rings starring Simu Liu, filming at Fox Studios Australia in Sydney. … [Read more...] about Australia takes on Hollywood: Scott Morrison dishes out $400m to get film companies to make blockbuster movies Down Under – including Chris Hemsworth’s Thor: Love and Thunder
