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

  • Jun 15, 2020 BST
  • Team Kalkine

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 video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
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. OK