Flybe fallout: As another British carrier collapses, what next for the beleaguered airline industry?

In the end, Flybe’s fall was no surprise, though the announcement undoubtedly  shocked some. The carrier only just managed to avoid its life support machine being switched off in January. But the coronavirus outbreak was just too much for the airline, and at 3:30 am on Thursday, it announced it had gone into administration. The … Read more

Drinks giant Diageo warns it is on course to take a £200m hit from the coronavirus fallout

Drinks giant Diageo warns it’s on course to take a £200m hit from the coronavirus fallout amid bar and restaurant closures FTSE 100 listed group’s share price fell over 4% in early morning trading  Annual profits and sales expected to take a hit from virus fallout, group warns   By Jane Denton For Thisismoney Published: 09:27 … Read more