EASYJET Resumed flights, said it's 100% SAFE | UK Market Update

June 15, 2020 12:00 PM AEST | By Team Kalkine Media

Travis Perkins, the builders’ merchant, is cutting 2,500 jobs in the UK, almost a 10th of its workforce, and closing 165 stores as it expects weaker demand for materials in the next two years in the wake of the Covid-19 pandemic. The company is the UK’s largest distributor of building materials and owns a number of chains including the DIY retailer Wickes and Toolstation, with more than 2,000 branches around the country.

The boss of EasyJet has said he would feel "100% safe" flying on full planes as the airline resumed a limited number of flights after a 10-week hiatus. Johan Lundgren told the PA news agency the airline had followed international guidelines to step up hygiene ahead of a resumption of services on Monday. Passengers and crew will wear masks and planes will be deep-cleaned often. But passengers will not have to sit 2m apart, despite calls for middle seats to remain empty for social distancing.

MJ Gleeson is expecting turnover to fall by 42% for the financial year to June 30 2020 due to the impact of Covid-19. A trading update by the house builder this morning said group revenue for the latest financial year will be around £145m compared to £249.9m last time. Gleeson has re-opened 62 of its 67 sites with construction restarting on 43 while “customer demand is recovering strongly.”

#COVID19 #JOBLOSS #UK #KALKINE


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.