Lloyds Bank annual profits plunge by 72% to £1.2billion

Lloyds Bank’s annual profits plunge by 72% to £1.2billion amid fall in household spending during Covid pandemic UK’s biggest domestic lender reveals extent of Covid-19 financial devastation Statutory pre-tax profits fall to £1.2billion in 2020 from £4.4billion in 2019 However latest figure was better than the £905million analysts had expected Lockdowns have cut household spending … Read more

EasyJet loses £1.2BILLION due to coronavirus pandemic – its first ever loss

EasyJet loses £1.2BILLION due to coronavirus pandemic – the first ever annual loss in its 25-year history – but bookings are up 50% since Pfizer vaccine was announced 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  … Read more

EasyJet loses £1.2BILLION due to coronavirus pandemic – its first ever loss

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