{"componentChunkName":"component---src-templates-post-js","path":"/easyjets-first-loss/","result":{"data":{"ghostPost":{"id":"Ghost__Post__5fb399e33cfc3a0039783429","title":"EasyJet's first loss","slug":"easyjets-first-loss","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2020/11/Multiply-minute-11.png","excerpt":"EasyJet lost money this year for the first time ever, after the pandemic wreaked havoc on the country’s travel plans.","custom_excerpt":"EasyJet lost money this year for the first time ever, after the pandemic wreaked havoc on the country’s travel plans.","created_at_pretty":"17 November, 2020","published_at_pretty":"17 November, 2020","updated_at_pretty":"17 November, 2020","created_at":"2020-11-17T09:37:39.000+00:00","published_at":"2020-11-17T09:45:53.000+00:00","updated_at":"2020-11-17T09:46:17.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"The 1-minute read to get the money news you need with expert adviser commentary.\n\nAirline takes a dive\nEasyJet lost money this year\n[https://www.cityam.com/easyjet-posts-first-ever-full-year-loss/] for the first\ntime ever, after the pandemic wreaked havoc on the entire country’s travel\nplans. The budget airline has reported a pre-tax loss of £1.2 billion for the\nyear ending 30th September. Its fleet was grounded during the spring lockdown,\nand overall this year it’s flown half as many passengers as usual.\n\nFlexible working works\nTop jobs that are advertised with flexible working hours get 20% more female\napplicants [https://www.bbc.co.uk/news/business-54960456], according to a\ngovernment-backed study for Zurich insurance. The firm is now offering flexible\nworking to all staff, and says the number of women hired for senior roles has\nrisen by a third.\n\nEviction risk\nThousands of older homeowners with interest-only mortgages\n[https://www.telegraph.co.uk/business/2020/11/16/thousands-interest-only-borrowers-risk-losing-homes/]\n* could be forced to sell their homes or face repossession next year.\nInterest-only mortgages are a cheaper alternative to repayment mortgages. But\n86,000 deals are due to mature next year, and many borrowers could be too old to\nqualify for a new mortgage.","html":"<p>The 1-minute read to get the money news you need with expert adviser commentary.</p><h3 id=\"airline-takes-a-dive\">Airline takes a dive</h3><p>EasyJet <a href=\"https://www.cityam.com/easyjet-posts-first-ever-full-year-loss/\">lost money this year</a> for the first time ever, after the pandemic wreaked havoc on the entire country’s travel plans. The budget airline has reported a pre-tax loss of £1.2 billion for the year ending 30th September. Its fleet was grounded during the spring lockdown, and overall this year it’s flown half as many passengers as usual.</p><h3 id=\"flexible-working-works\">Flexible working works</h3><p>Top jobs that are advertised with flexible working hours get <a href=\"https://www.bbc.co.uk/news/business-54960456\">20% more female applicants</a>, according to a government-backed study for Zurich insurance. The firm is now offering flexible working to all staff, and says the number of women hired for senior roles has risen by a third.</p><h3 id=\"eviction-risk\">Eviction risk</h3><p>Thousands of older homeowners with <a href=\"https://www.telegraph.co.uk/business/2020/11/16/thousands-interest-only-borrowers-risk-losing-homes/\">interest-only mortgages</a>* could be forced to sell their homes or face repossession next year. Interest-only mortgages are a cheaper alternative to repayment mortgages. But 86,000 deals are due to mature next year, and many borrowers could be too old to qualify for a new mortgage.<br></p><figure class=\"kg-card kg-image-card\"><img src=\"https://multiply.ghost.io/content/images/2020/11/image-9.png\" class=\"kg-image\" alt loading=\"lazy\" width=\"1751\" height=\"1105\" srcset=\"https://multiply.ghost.io/content/images/size/w600/2020/11/image-9.png 600w, https://multiply.ghost.io/content/images/size/w1000/2020/11/image-9.png 1000w, https://multiply.ghost.io/content/images/size/w1600/2020/11/image-9.png 1600w, https://multiply.ghost.io/content/images/2020/11/image-9.png 1751w\" sizes=\"(min-width: 720px) 720px\"></figure>","url":"https://multiply.ghost.io/easyjets-first-loss/","uuid":"64e4af42-7968-4614-a0d1-5c65ebcc45c6","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"5fb399e33cfc3a0039783429"}},"pageContext":{"slug":"easyjets-first-loss"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}