Jan 31, 2022

Ryanair warns of ‘hugely uncertain’ end to Omicron-disrupted year

Ryanair said it was having to cut prices on flights to boost demand after the emergence of the Omicron variant caused a last-minute collapse in bookings in the run-up to Christmas and the new year. With only two months to go until the end of its financial year, Ryanair warned the outlook for pricing and yields remained "Hugely uncertain". Magic circle law firm Freshfields handed out extra bonuses to its London-based private equity lawyers last year as UK firms battle an exodus to US rivals. Credly had revenues of $13m last year, up almost 50 per cent on the year before. Media group Future has its AGM, where a backlash is expected over boss Zillah Byng-Thorne's bonus for the second year in a row.

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