British expats leaving UAE amid economic crisis
British expatriates in the UAE are trying to sell their properties as they try to gather some money before returning to the UK, according to a report by British daily The Telegraph. Thousands of expats have been made redundant due to the pandemic’s devastating impact on the UAE economy. UAE expected to lose up to 900,000 jobs, and British expats seem to be among the most affected group
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Emirates to resume passenger flights from May 21
Emirates has announced that it will resume scheduled passenger flights to a total of nine destinations from May 21. The destinations are: London Heathrow Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney, and Melbourne. The airline will also offer connections in Dubai for customers travelling between the UK and Australia. These flights will be available for booking on the official website (emirates.com)
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Gulfnews
Dubai’s 30-minute grocery delivery service
Daily by Talabat is Dubai's first d-mart or cloud store concept offering 30-minute delivery of groceries at hypermarket prices. The service was launched around three months ago, before the start of pandemic in the region, now covering more than half of Dubai and working on expansion. Grocery and food delivery services reduce the need for people to leave their homes during the pandemic
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British economy facing the deepest recession since 1706
The Bank of England has warned about the deepest recession in the country since 1706 as the UK economy is on course to shrink 14% this year. Coronavirus is dramatically reducing jobs and income levels in the UK as lockdown raised the unemployment rate significantly. The housing market in the UK crashed as consumer spending dropped. A 14% drop in the GDP would be the biggest annual decline on record
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BBC
Virgin Atlantic laying off more than 3,000 employees
British Airline, Virgin Atlantic announced Tuesday it will cut 3,150 jobs, becoming the latest airline to announce a reduction in headcount because of the coronavirus crisis. Virgin Atlantic joins many other companies to announce job cuts amid the coronavirus crisis, as grounded flights and national lockdowns ravage demand for air travel.
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Cnbc