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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.”
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