ITV (ITV) has become the latest business to announce a hit from coronavirus as it revealed that travel companies are deferring their TV advertising because of the disease. The broadcaster predicts that advertising revenue will be down by 10 per cent in April.
Regional airline Flybe Group (FLYB) has collapsed leaving passengers stranded at the wrong airports as planes are impounded. The regional carrier narrowly avoided going bust in January, but has continued to lose money until it went to the wall last night.
Insurance giant Aviva (AV.) has said it provided support to ‘several thousand’ customers amid the recent UK winter storms as it posted a record annual earnings haul.