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Nearly £2bn wiped off travel shares as Austria orders lockdown

Fears of restrictions in other European countries this winter knock airlines

Almost £2bn was wiped off the value of UK airlines and travel-related companies on Friday as Austria’s decision to order a national lockdown stoked fears of the introduction of new pandemic restrictions across Europe.

Austria will go into its third national lockdown from Monday, which could last until 12 December, in an attempt to arrest a surge in coronavirus cases and rising deaths.

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Read the original article at The Guardian

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