Lloyds Bank’s annual profits plunge by 72% to £1.2billion amid fall in household spending during Covid pandemic By Mark Duell for MailOnline Published: 07:26 GMT, 24 February 2021 | Updated: 07:26 GMT, 24 February 2021 Lloyds Banking Group said its pre-tax profit fell by 72 per cent to £1.2billion in 2020 after it booked big … Read more
EasyJet loses £1.2BILLION due to coronavirus pandemic – the first ever annual loss in its 25-year history EasyJet has turned a profit every year since 1995 including £430m in 2019 Budget airline reveals it will fly at just 20% capacity between January and March UK’s aviation industry decimated by Covid – with quarantine and testing … Read more
Virgin Atlantic has secured a £1.2bn rescue package that will salvage thousands of British aviation jobs, it has been reported. The package would remove the chance of the airline plunging into administration as a result of the coronavirus crisis. The deal, which will involve backing from Richard Branson’s Virgin Group and US hedge fund Davidson Kempner, … Read more