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Monday, 8 June 2020

Up to 25,000 jobs could go at Heathrow, as new quarantine measures come in for travellers


People coming to the UK must now self-isolate for 14 days from arrival.

John Holland-Kaye's told The City View podcast he's having to consider job cuts as a result.

The Heathrow No Third Runway alliance says:

“These are challenging times for the aviation sector, but it’s quite a cheek for Heathrow to try to simply attribute job losses to its latest squabble with government.

“Heathrow is a model of indebtedness. It even borrowed the money to pay £100m of dividends a few weeks ago, against a loss in the final quarter of 2019.

“Its business model is a debt-ridden house of cards, so bereft of any resilience for these challenging times. And it only has itself to blame for that.”