Coronavirus crisis drags down Flybe; shops warned against rip-off prices – business live

IATA warns Covid-19 will cost airlines up to $113bn in revenue this year, as regional airline Flybe collapses, and experts fear others will followLatest: CMA warns against price-gougingHSBC sends some staff home at Canary WharfIATA says coronavirus could cost airlines over $100bnFlybe passengers stuck at Exeter…2,000 staff hitHow have you been affected? 2.03pm GMT Overnight rail service Caledonian Sleeper is rather decently offering free travel for the next week to Flybe customers stranded by its collapse.They can secure a seat on either the Lowlander route (which runs from Glasgow and Edinburgh to London), or the Highlander (which links Aberdeen, Fort William, Inverness and London).“The news about Flybe entering administration is extremely sad and we’re aware that many passengers and crew will be struggling to get home. 1.22pm GMT HSBC has confirmed that an employee has tested positive for the coronavirus, and that around 100 colleagues from its research department have been sent home while the office is deep-cleaned.A spokesperson says:We have been informed that one of our employees at 8 Canada Square has been diagnosed with COVID-19. This colleague is under medical supervision and has self-isolated. We are working closely with the health authorities.We are deep-cleaning the floor where our colleague worked and shared areas of the building. Colleagues on that floor, and others who came into contact with him, have been advised to work at home. Based on medical and official advice the building remains open and operates as normal. Continue reading…
Via: Coronavirus crisis drags down Flybe; shops warned against rip-off prices – business live