Advertisement
UK markets closed

  • FTSE 100

    8,164.12
    -15.56 (-0.19%)
     

  • FTSE 250

    20,286.03
    -45.77 (-0.23%)
     

  • AIM

    764.38
    -0.09 (-0.01%)
     

  • GBP/EUR

    1.1782
    -0.0022 (-0.19%)
     

  • GBP/USD

    1.2656
    +0.0014 (+0.11%)
     

  • Bitcoin GBP

    49,180.06
    +1,004.32 (+2.08%)
     

  • CMC Crypto 200

    1,287.72
    +3.89 (+0.30%)
     

  • S&P 500

    5,460.48
    -22.39 (-0.41%)
     

  • DOW

    39,118.86
    -45.24 (-0.12%)
     

  • CRUDE OIL

    81.46
    -0.08 (-0.10%)
     

  • GOLD FUTURES

    2,336.90
    -2.70 (-0.12%)
     

  • NIKKEI 225

    39,583.08
    +241.58 (+0.61%)
     

  • HANG SENG

    17,718.61
    +2.11 (+0.01%)
     

  • DAX

    18,235.45
    +24.85 (+0.14%)
     

  • CAC 40

    7,479.40
    -51.32 (-0.68%)
     
Property :

8 UK holiday home businesses you could buy now

A holiday let could be a very sound investment, providing a decent income, capital growth and — somewhere to escape

EU approves 1.3 billion euro restructuring state aid for airline SAS

Reuters
·1-min read

BRUSSELS (Reuters) - The European Commission has approved, under EU state aid rules, a 1.3 billion euro ($1.4 billion) restructuring state aid programme for Swedish airline SAS, it said on Friday.

In 2020, Denmark and Sweden took part in COVID-19 pandemic state aid measures to help SAS, which was hit as global travel was shut down due to the pandemic.

"To limit any possible distortions triggered by the public support, SAS will reduce its presence on the overall air transport activities," said Margrethe Vestager, the EU's Executive Vice-President in charge of competition policy.

This could be through, "among others, a reduced fleet, limited ground handling and maintenance business as well as the release of several slots", she said.

($1 = 0.9349 euros)

(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)