EasyJet posts £1.27bn loss; vaccine market rally fades – business live

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Rolling coverage of the latest economic and financial news, as the pandemic drags easyJet into its first annual loss ever

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Amid the recent excitement about Covid-19 vaccines, easyJet has this morning reminded us just what a grim year it’s been for the airline industry. Easyjet has tumbled deep into the red, with a loss of £1.273bn for the last financial year - its first annual loss ever, which shows just how unprecedent the crisis has been.

 

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