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BUSINESS LIVE: EasyJet losses top £1bn; New Covid rules


BUSINESS LIVE: ‘Desperate’ LV steps up persuasion efforts; easyJet losses top £1bn; New Covid rules come into force










LV has stepped up its campaign to persuade members to back its controversial sale to US private equity sharks Bain Capital.

With less than two weeks left before the ballot on the proposed deal closes, the life insurer has hired external call centres to contact policyholders about the vote.

EasyJet reported a pre-tax loss of £1.14billion in the year to the end of September, which reflected the higher end of forecasts, and said first-quarter capacity was expected to be up to around 65 per cent of 2019 levels.

It expects capacity to have recovered close to 2019 levels by the fourth quarter of 2022, but did not offer investors a full financial outlook.

From today it will be mandatory to wear a face mask in shops and on public transport in England, with fines of £200.

Heath Secretary Sajid Javid said last night that new rules will not stay ‘a day longer’ than necessary, as the Government rejected calls from Labour and the SNP for tougher curbs.

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From today, commuters will be forced to wear a face covering on public transport

From today, commuters will be forced to wear a face covering on public transport 





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