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News Flash: Covid-19 kicks into gear

06/03/2020
Economics Retail UK US

What do the four big headlines from the week mean for your investments and personal finance?

Flybe’s collapse Flybe became Britain’s second fatality from the coronavirus this week. A sharp decline in demand for air travel has tipped the already struggling airline into administration. The company’s owners said it could not find the financial backing needed, despite being offered support by the UK government. The news and your money Flybe might not be the only airline unravelled by the coronavirus. Around the world, people are finding ways to avoid travelling, assuming it is safer to stay at home while the virus spreads around the world. But once the virus clears, will the demand for travel return…

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