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easyJet secures new five-year US$1 87b loan with UK guarantee

British airline easyJet boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain, helping to ease concerns about its finances as the pandemic continues to stop travel.

FTSE 100 sees profit taking as Covid concerns mount | 11 January 2021

11 January 2021 | 12:07pm StockMarketWire.com - The FTSE 100 was firmly lower by lunchtime as investors paused for breath after the index enjoyed a heady first week of 2021, rising more than 6%. By midday the FTSE was down 0.5% at 6,842.11, as concerns build over mounting Covid-19 infections and the possibility of even tighter restrictions. Profits were also being taken in Bitcoin after an even more impressive start to the New Year. US futures pointed to modest losses on Wall Street too. Shoe and sports apparel retailer JD Sports Fashion climbed 4.4% to 888.4p as it upgraded its profit outlook amid robust second-half demand, including during the key months of November and December.

EasyJet secures new five-year $1 87 billion loan with UK guarantee

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