Omicron

Ryanair has said it needs to continue to discount its fares over the coming months amid what it is calling a “hugely uncertain outlook”. In the last three months of 2021, the airline reported losses of £80 million.

According to a US Census Bureau survey, close to 9 million employees in the US called in sick in January due to the record-breaking surge of Omicron cases throughout the nation.

According to the Recruitment and Employment Confederation (REC) and KPMG, job vacancies in the UK slipped to their lowest levels in eight months in December.

British retail chain Poundland is set to open four new flagship outlet stores and extend its chilled and frozen food lines despite the currently taxing conditions that the retail industry is facing.

The Omicron variant of coronavirus hindered the eurozone economy last month as increasing case numbers impacted services and travel industries.