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Rolling coverage of the latest economic and financial news, as Marston’s blames recent Covid-19 restrictions and the end of the furlough scheme for job cuts

Introduction: 2,150 jobs ‘impacted’ by new Covid-19 restrictions
Markets hit by coronavirus worries

8.35am BST
Budget airline Ryanair is also warning of job cuts, as the pandemic hits demand for flights.
“There will regrettably be more redundancies at those small number of cabin crew bases, where we have still not secured agreement on working time and pay cuts, which is the only alternative,”
“While we deeply regret these winter schedule cuts they have been forced upon us by government mismanagement of EU air travel.”
Related: Ryanair cuts one-in-three winter flights and warns of further job losses
8.23am BST
Britain’s hospitality sector has been warning for weeks that there will be heavy job cuts, once the furlough scheme ends in a fortnight.
The boss of trade body UKHospitality told MPs last week that 900,000 staff were still on furlough - and that ‘many more’ than half a million risked losing their jobs.
Related: Greene King to cut up to 800 jobs and shut 79 pubs and restaurants Continue reading...