WEDNESDAY 4 MARCH 2020Who is going to foot the bill
created by coronavirus?
Travel disruption and self-isolation will hurt the economy (Anadolu Agency via Getty)
SUE HAYWARD
As cases of coronavirus rise, the financial impact is being felt around the globe. Stock markets have plunged
with some of the biggest falls since the 2008 financial crisis and one of the biggest casualties of coronavirus
could be the travel industry. Airlines are expected to lose over £23bn this year, according to the
International Air Transport Association. But the fallout is starting to impact on wider aspects of our
personal finances, especially work and income.
So how safe is your holiday, salary and other costs? And who foots the bill when the latest global health
emergency comes knocking on a door near us?