Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 167.05
Bid: 0.00
Ask: 172.00
Change: 0.00 (0.00%)
Spread: 4.90 (2.932%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 167.05
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-England's 'freedom day' marred by soaring cases and isolation chaos

Mon, 19th Jul 2021 08:49

* England lifts most COVID restrictions

* Johnson forced to isolate after trying to skip it

* PM urges caution as cases rocket to 50,000 a day

* Businesses say app causing isolation chaos

* Clubbers dance through dawn
(Adds shares and sterling)

By William James

LONDON, July 19 (Reuters) - Prime Minister Boris Johnson's
'freedom day' ending over a year of COVID-19 lockdown
restrictions in England was marred on Monday by surging
infections, warnings of supermarket shortages and his own forced
self-isolation.

Johnson's bet that he can get one of Europe's largest
economies firing again because so many people are now vaccinated
marks a new chapter in the global response to the coronavirus.

If the vaccines prove effective in reducing severe illness
and deaths even while infections reach record levels, Johnson's
decision could offer a path out of the worst public health
crisis in decades. If not, more lockdowns could loom.

But Johnson's big day was marred by "pingdemic chaos" as a
National Health Service app ordered hundreds of thousands of
people to self-isolate - prompting warnings supermarket shelves
could soon be emptied.

"If we don’t do it now we’ve got to ask ourselves, when will
we ever do it?" Johnson said just hours after he was forced to
abandon a plan to dodge the 10-day quarantine requirement for
himself and finance minister Rishi Sunak.

"This is the right moment but we’ve got to do it cautiously.
We’ve got to remember that this virus is sadly still out there."

Britain has the seventh highest death toll in the world,
128,708, and is forecast to soon have more new infections each
day than it did at the height of a second wave of the virus
earlier this year. On Sunday there were 48,161 new cases.

But, outstripping European peers, 87% of Britain's adult
population has had one vaccination dose, and more than 68% have
had the two doses which provide fuller protection. Daily deaths,
currently at around 40 per day, are just a fraction of a peak of
above 1,800 seen in January.

The FTSE 100 share index fell to a two-month low on Monday
on concerns that economic recovery could be in danger. UK-listed
shares of cruise operator Carnival Plc, and airlines
easyJet and British Airways-owner IAG fell
between 4% and 6.7%. The pound fell to a three-month low.

'FREEDOM DAY'?

From midnight, laws in England requiring masks to be worn in
shops and other indoor settings lapsed, along with capacity
limits in bars and restaurants, and rules limiting the number of
people who can socialise together.

Johnson sets COVID-19 restrictions for England, with
devolved administrations in Scotland, Wales and Northern Ireland
making their own policy.

As businesses across England faced a shortage of workers due
to the NHS app pinging people and telling them to isolate,
supermarkets warned they faced strain.

"It’s a major issue across every industry at the moment,"
Marks & Spencer CEO Steve Rowe said. "Our COVID cases are
roughly doubling every week and the pinging level is about three
to one of COVID cases, so we’re seeing that growing
exponentially."

"If there’s shortages we’ll have to manage it by changing
hours of stores, reducing hours. Where the industry will see the
pain is in the supply chain, because logistics runs tight anyway
to be efficient."

British society appears split on the restrictions: some want
tough rules to continue as they fear the virus will keep killing
people and overwhelm hospitals, but others have chafed at the
most onerous restrictions in peacetime history.

Johnson faced an outcry on Sunday when he and finance
minister Sunak tried to dodge quarantine with a special scheme
for senior ministers and civil servants. He will now isolate at
his country residence at Chequers after health minister Sajid
Javid tested positive.

As the dawn rose over London, clubbers danced through the
night at one of the first rule-free live music events since the
pandemic began last year.

"I have not been allowed to dance for like what seems like
forever," said Georgia Pike, 31, at the Oval Space in Hackney,
east London. "I want to dance, I want to hear live music, I want
the vibe of being at a gig, of being around other people."
(Writing by William James and Guy Faulconbridge
Editing by Frances Kerry and Giles Elgood)

More News
2 Jun 2023 05:55

IAG's British Airways fined USD1.1 million in US over Covid refunds

(Alliance News) - International Consolidated Airlines Group SA's British Airways has been fined almost GBP1 million by the US government over claims it failed to pay refunds for cancelled flights.

Read more
26 May 2023 07:57

LONDON BRIEFING: UK retail sales up; Hunt "comfortable" with recession

(Alliance News) - Stocks in London are expected to kick off the final trading day of a fraught week with a minor gain, though US debt ceiling uncertainty continues to temper sentiment.

Read more
26 May 2023 07:00

Soaring airline customer complaints push global legislators to act

LONDON/MONTREAL, May 26 (Reuters) - Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. She is still waiting for compensation.

Read more
26 May 2023 06:01

IT issue causes mass cancellation of British Airways Heathrow flights

(Alliance News) - International Consolidated Airlines PLC's British Airways has apologised after an IT issue caused the cancellations of domestic and European flights on Thursday, as Britain heads into the Bank Holiday weekend.

Read more
19 May 2023 09:34

Dublin Airport to lower charges for more fuel-efficient airlines

DUBLIN, May 19 (Reuters) - Dublin Airport plans to cut runway charges by 25% for airlines that operate planes with lower emissions, the Dublin Airport Authority (DAA) said on Friday.

Read more
18 May 2023 08:10

UK's easyJet confident as summer demand ramps up

Sees Q3 revenue per seat up 20% on last year

*

Read more
11 May 2023 09:45

LONDON BROKER RATINGS: Asos targets cut; Jefferies ups Diploma to buy

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
10 May 2023 11:20

UK's Virgin Atlantic says bumper bookings eclipsed by rising costs

2022 revenue 2.9 bln stg, 98% of 2019 levels

*

Read more
9 May 2023 17:27

UK stocks slide ahead of U.S. inflation data, BoE meet

IAG closes at over a two-month high

*

Read more
9 May 2023 13:45

Liberum reiterates 'buy' on IAG, lifts price target

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

Read more
9 May 2023 07:52

Broker tips: IAG, Intertek

(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.

Read more
5 May 2023 17:03

LONDON MARKET CLOSE: Surprise US jobs report lifts market mood

(Alliance News) - Stocks in London were higher at the close on Friday, ahead of a long bank holiday weekend, as the latest US jobs report made a recession across the Atlantic appear less likely.

Read more
5 May 2023 12:08

LONDON MARKET MIDDAY: Stocks pare weekly losses ahead of US nonfarms

(Alliance News) - Stock prices in London were higher at midday on Friday, a better end to a nervy week for equities, with investors digesting central bank decisions and an ongoing crisis in the US regional banking sector.

Read more
5 May 2023 09:42

European airlines see strong summer bookings, hope to avert chaos

IAG first-quarter results better than expected

*

Read more
5 May 2023 09:10

TOP NEWS: IAG loss narrows, revenue up as capacity recovers from Covid

(Alliance News) - International Consolidated Airlines Group SA on Friday reported its first quarter narrowed alongside strong revenue as Iberia delivered its "best ever" quarterly performance, while noting capacity recovering towards pre-pandemic levels.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.