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CO2 shortages threaten UK meat supplies; Evergrande crisis hits markets – business live | Business

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‘’The lifting of travel restrictions for double jabbed visitors to the US provided the thrust needed to send the recovery in airline stocks full throttle. After months riding the stomach wrenching turbulence of rolling restrictions with red lights flashing on transatlantic travel, the industry is now set on a smoother ride to recovery ahead.

British Airways owner IAG was one of the biggest risers on the FTSE 100, climbing 11% as the prospects look brighter for a surge in bookings by UK and EU travellers. There was much needed respite for beleaguered Easyjet which rose 4% and tour operator TUI, up 2.2% with expectations that winter sun holidays to destinations like Florida will see a surge in demand.

Rolls Royce also caught a ride higher given that its core business of making and servicing engines for long-haul aircraft, is based on the number of hours its engines are in the air. The journey back to health has also taken a big step forwards…

Click here for full article…www.theguardian.com