No "Jab & Go"

The 1-minute read to get the money news you need.

Ryanair ad banned

Ryanair has taken down a “misleading” advert which encouraged people to book holidays after getting the coronavirus vaccine. Thousands of people complained about the “Jab & Go” ads - and the regulator agreed that they gave a false impression that everyone will get the jab by summer.

Another furlough extension?

Business groups and trades unions have warned Chancellor Rishi Sunak that the economy is too fragile to end furlough in April. They’re calling for an extension to the scheme, warning that unemployment could skyrocket if support is withdrawn too soon. It’s 1 month today until the next Budget, when the Chancellor will set out his tax and spending plans for the year ahead.

Bezos steps down

Amazon’s CEO will step down after record-breaking revenues in the last 3 months of 2020. The tech giant recorded over $100 billion (£73 billion) of sales leading up to Christmas. Bezos has led the company since founding it almost 30 years ago - now he’s going to take on an executive chair role at Amazon while focusing on other passions like the fight against climate change.