Taoiseach Hopes Pandemic-Triggered Recession Should Not Result in Austerity
April 2, 2020 No Responses

Taoiseach Hopes Pandemic-Triggered Recession Should Not Result in Austerity

The Taoiseach Leo Varadkar has expressed hope that Ireland’s looming recession will not result in another era of austerity. Mr Varadkar said the relatively good state of the economy going into the sharp downturn triggered by coronavirus would help make...
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Nissan Furloughs Almost All of Its UK Workforce
April 2, 2020 No Responses

Nissan Furloughs Almost All of Its UK Workforce

Nissan has furloughed most of its 6,000 employees at its UK plant after announcing it will remain closed for the rest of the month at least. The Wearside plant, often described as Europe’s most productive, was shuttered on March 17...
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British Airways and Unions Reach Deal to Lay Off Staff
April 2, 2020 No Responses

British Airways and Unions Reach Deal to Lay Off Staff

A deal has been agreed to lay off British Airways staff because of the Covid-19 crisis, a union has announced. Unite said the airline will introduce a modified version of the Government’s job retention scheme, so that workers will be...
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Translink Will Need Bail Out After Coronavirus Crisis
April 1, 2020 No Responses

Translink Will Need Bail Out After Coronavirus Crisis

Translink will need a $124m (£100m) injection of funds to continue providing a public transport network across Northern Ireland after the coronavirus crisis, its chief executive has said. Chris Conway said there has been a 90% reduction in passenger numbers.....
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Shell Warns of Possible First Quarter Losses of $800 Million
March 31, 2020 No Responses

Shell Warns of Possible First Quarter Losses of $800 Million

Royal Dutch Shell has warned it expects to take a hit of up to $800m (€730m) in the first quarter as the coronavirus crisis and an oil price war have sent the cost of crude plummeting. The oil giant said...
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Broadband Usage Up But Last Christmas’s Record Stands
March 31, 2020 No Responses

Broadband Usage Up But Last Christmas’s Record Stands

Broadband usage increased significantly last week but has not topped the record set during the last Christmas period and live football streaming through Amazon Prime, Openreach has said. Internet service providers have been monitoring the UK’s broadband infr...
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Medtronic Shares Ventilator Design to Help in Fight Against Coronavirus
March 30, 2020 No Responses

Medtronic Shares Ventilator Design to Help in Fight Against Coronavirus

A medical technology company is sharing its ventilator design to help global efforts in manufacturing the desperately-needed breathing apparatus amid the Covid-19 pandemic. Medtronic said it had already boosted production of its Puritan Bennett 980 ventilators...
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Cruise Lines Extend Sailing Suspensions into May
March 30, 2020 No Responses

Cruise Lines Extend Sailing Suspensions into May

P&O Cruises and Cunard have extended the suspension of sailings by a month. The cruise lines were previously due to resume operations on April 11, but they have been cancelled up to and including May 15. Customers with a holiday...
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Budget Airline EasyJet Grounds Entire Fleet
March 30, 2020 No Responses

Budget Airline EasyJet Grounds Entire Fleet

EasyJet has grounded its entire fleet of aircraft due to the coronavirus pandemic, the airline has announced. The Luton-based carrier said the measure “removes significant cost” as the aviation industry struggles to cope with a collapse in demand caused by...
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Gatwick Airport to Close One Terminal, Scale Back Operations
March 27, 2020 No Responses

Gatwick Airport to Close One Terminal, Scale Back Operations

Gatwick Airport has announced it will significantly scale back its operations next week amid a collapse in demand for air travel. From April 1, the English airport will close one of its two terminals, and its runway will only be...
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