Emirates Group, the company behind the Middle East’s largest airline, has reported a $6bn (£4.3bn) loss – plunging into the red for the first time in more than 30 years as the coronavirus crisis devastated global travel.
Source: Sky Business News
Monthly Archives: June 2021
Ikea fined and ex-executive handed suspended jail term in spying case
The French subsidiary of Ikea has been fined €1m (£861,000) and a former executive handed a suspended jail term over accusations that customers and employees were illegally spied on.
Source: Sky Business News
Fintech giant Wise to unveil long-awaited listing
The fintech giant Wise hopes to press the button within days on a long-awaited public flotation that will cement its status as one of Britain’s most valuable start-ups of the last decade.
Source: Sky Business News
Ireland to impose tighter restrictions on British travellers amid Delta variant concerns
The Irish government is set to announce an increase to the self-isolation period for British travellers, going up from five days to 10.
Source: Sky Business News
PM hails 'new dawn' as UK and Australia agree free trade deal
The UK and Australia have agreed a free trade deal, the first agreement negotiated from scratch after Brexit.
Source: Sky Business News
Premier League clubs report first fall in revenue due to pandemic
Coronavirus restrictions saw Premier League clubs report a fall in revenue for the first time, according to a report covering the 2019-20 season.
Source: Sky Business News
UK jobs market 'showing signs of recovery'
The unemployment rate falls again while the number of job vacancies is rising, official figures show.
Source: BBC
Official Statistics: Earnings and employment from Pay As You Earn Real Time Information, UK: June 2021
Experimental monthly estimates of payrolled employees and their pay from HM Revenue and Customs’ (HMRC) Pay As You Earn (PAYE) Real Time Information (RTI) data. Includes a flash estimate of payrolled employment and median pay for the most recent month, by geographical regions (NUTS1 and NUTS2), industrial sector (SIC2007) and age bands. This is a joint release between HMRC and the Office for National Statistics (ONS). The release of NUTS3 geographical data will not go ahead as planned this month due to processing issues.
Source: HMRC
Number of payrolled employees still 553k down on pre-pandemic level
The number of people in payrolled employment remains 553,000 down on its pre-pandemic level despite a widespread easing in coronavirus restrictions, according to official figures.
Source: Sky Business News
Travel insurers criticised over extent of Covid cover
Travel insurance offering “complete” cover for Covid-related disruption is barely available, says Which?.
Source: BBC