Markets await UK jobs report and German ZEW data - business live

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Rolling coverage of the latest economic and financial news, including the latest UK unemployment report

Ouch! Shares in German airline Lufthansa are sliding, after it posted a shock loss for the last quarter. Germany’s biggest airline made an adjusted loss of €336m in January-March, down from a profit of £52m a year ago. It blamed rising fuel costs and downward pressure on fares, which has sent a shiver through the travel sector.

 

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