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British Airways could suspend 36,000 employees

THE IAG-owned British Airways is expected to announce a suspension of about 36,000 of its employees, reports said.

The airline has reached a broad deal with Unite union that will include suspension of jobs of 80% of BA's cabin crew, ground staff, engineers and those working at head office. Reports added that no staff were expected to be made redundant.


Talks with the union are still ongoing, British Airways said in a brief statement to Reuters.

British Airways had recently said that it was temporarily suspending flights from Gatwick Airport, Britain's second-busiest airport, as the aviation sector reels under the coronavirus crisis.

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Boohoo blocks Mike Ashley from vote on £150m bonus plan

ONLINE fashion retailer Boohoo has stopped its biggest investor, Mike Ashley, from voting on a planned £150 million bonus for its chief executive, as tensions between the online retailer and the Frasers Group owner continue to grow.

The company, now trading under the name Debenhams Group, said it would approve the bonus plan without putting it to a shareholder vote – a move that goes against normal practice for listed firms, reported the Telegraph.

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