simon gompertz, bbc news. sarah corker is at the firm's largest site in the uk in derby. sarah. yes, these are highly skilled well paid job, rolls—royce is one of derby's largest private employers and this is is a huge blow notjust for those who work here but the whole economy, the wider supply chain across the midlands, there have been those multiple warnings that air travel, passenger demand will not recover to previrus levels for several year, has hit airlines ha rd for several year, has hit airlines hard and there will be a ripple effect for manufacturers so rolls—royce has ta ken effect for manufacturers so rolls—royce has taken the decision to start restructuring now, and a significant number of those job losses are likely to be here in derby, but the company also has sights at other location across the uk, including big bases in solihull and in bristol. thousands of staff are already on furlough, but we heard from the ceo this morning, he said that cannot continue forever and he described this as a deep, deep crisis. as well as these job losses there are plans by t

simon gompertz, bbc news. let's talk to our business correspondent simon gompertz.arts of the economy, but this particularly, i have a yigs is one of the —— i particularly, i have a yigs is one ofthe —— ii particularly, i have a yigs is one of the —— i i aviation. particularly, i have a yigs is one of the -- i i aviation. yes this is a gleaming jewel in the core of british industry, for it to be under threat is a grievous blow, particularly for derby, where many of thejobs are. particularly for derby, where many of the jobs are. let me take you through the numbers. the company said 9,000 jobs are under threat and the chief executive on the bbc suggested that around do thirds of the losses would be in the uk. that is around 6,000 then. and the unions are talking about more than 3,000 this year. so very quickly the company moving into redundancy mode, getting rid of people. and then there would be another tranche perhaps starting next year of a further 3,000. so huge numbers. not just derby, because there are 30 locations involved in the civil aviation part of the com

our business correspondent simon gompertz is in west london. in place, but you need to be shoppers to come back, don't you?” place, but you need to be shoppers to come back, don't you? i think thatis to come back, don't you? i think that is right, and some stores will be worried that people will be too cautious going onto the high street, and won't be spending. and they have the concern of that, in order to justify reopening, they need to have the turnover, the cash coming in, in order to pay their staff. particularly the case for smaller shops, and they'll have the challenge as well of doing all these measures within the shops to social distance when customers come in. and thatis distance when customers come in. and that is a bigger ask for smaller shops than, say, the big shopping malls which are well set up for that already and have been planning for some time. so imagine you havejust got one door into the shop, and you are doing one—way shopping for customers. 0ne are doing one—way shopping for customers. one suggestion that some stores are

let's speak to our personal finance correspondent, simon gompertz. what is the take up bin?about a wave of applications on the first day. these bounce back scheme loans filling a gap. there is a coronavirus business interruption loa n coronavirus business interruption loan scheme for businesses to borrow up loan scheme for businesses to borrow up to £5 million. but the very smallest illnesses and sole traders have found that tricky. it's a difficult application process. and less likely for them to succeed. whereas this one, the loans of 100% guaranteed by the government. the bank does not have to think very quickly or very much about it. the application process is just quickly or very much about it. the application process isjust seven questions on the form. so quick, easy and it's likely the money will be made available to those who reply -- apply, be made available to those who reply —— apply, starting tomorrow. lloyds said today they would have 5000 people by 10am whose applications they had processed. a couple of issues so far today. seven banking groups only, and those

let's speak to our personal finance correspondent, simon gompertz. a huge take up?5,000 applications by 10 o'clock this morning. royal bank of scotla nd 10 o'clock this morning. royal bank of scotland said they had 10,000 by 11 o'clock. so other banks have been getting them too. so they describe it as getting them too. so they describe itasa getting them too. so they describe it as a bow wave of applications from struggling businesses, or businesses that are fearful about their survival, they need some emergency money to get them through this crisis and this is proving to be the easiest way for them to get it. do you remember there is a scheme called the coronavirus business interruption loan scheme? which has been dubbed cbils. that was the first thing brought in for businesses to benefit from and you could get a £5 million loan. the maximum under this bounce back scheme is £50,000. but it is directed against those hundreds of thousands of very small businesses and sole traders who are desperate for cash and it is much easier to apply for and that is what is making

simon gompertz, bbc news.nce august 2016 as the economic fallout of the first month of the lockdown hit prices. figures from the office for national statistics show the consumer prices index fell to 0.8% from 1.5% in march. falling petrol and diesel prices, plus lower energy bills, were the main drivers pushing inflation lower. but the prices of games and toys rose, which the 0ns said may be due to people spending more time at home. marks & spencer has reported a 21% fall in its annual profits. m&s saw an improvement in its food business but profits dropped by more than a third in its clothing and home sectors. the retailer told investors that it had taken a £52 million hit to profits because of coronavirus. a number of english councils are expressing safety concerns about the government plans to reopen primary schools at the start of next month. ministers are coming under pressure to reconsider proposals to reopen schools to some pupils from the 1st ofjune. 0ur education correspondent elaine dunkley reports.

with me to answer some of those is our personal finance correspondent, simon gompertz, and our businessre being introduced by airports and airlines, heathrow is just the latest and it is going to introduce thermal scanners, cameras basically to check your temperature. it said it will be able to do that from about eight feet, so when you are passing through the terminal it will test your temperature. the idea that is to check if you have any fevered symptoms that are associated with covid—19. on the idea of that would be potentially to avoid that 14 day quarantine that is being suggested for anyone arriving in the uk from overseas. there are very few details about that quarantine plan at the moment, all we know is that it will be for 14 days, you will have to self—isolate. be for 14 days, you will have to self-isolate. we have a problem with his line, we were returned to him and just a moment. sorry, his line, we were returned to him andjusta moment. sorry, ben? we lost you there, that last bit. so pick up from 30 seconds ago.|j lost you there, that last bit. so pick up from 30 seconds a

earlier i spoke to our personal finance correspondent, simon gompertz, who talked us through some ofy will have the challenge as well of doing all these measures within the shops to social distance when customers come in. that is a bigger ask for smaller shops than say the big shopping malls that are well set up for that already and have been planning for some time. imagine you just have one door into the shop and you are doing one—way shopping for customers. one suggestion that some stores are saying is that they will open a door at the back to let people out that way. what shoppers will see is a completely different set up. they might end up queueing outside in order to restrict numbers, then when they go in, there will be hygiene facilities inside. that is the plan and there will be perspex screens where the counter is. all sorts of measures like that and there will be challenges as well for charity shops for instance, that have a lot of second—hand items coming in that have been touched by other members of the public, they will have to wait for 72 hours before putting them on dis

simon gompertz and joins us now from central london.y have large areas for people to walk in and stay separate, but it will be more challenging for your typical high street. we are likely to see more queues outside because the shops will be responsible for maintaining social distancing inside. that is what shoppers will see, spaces between them, those perspex greens probably seen and more shops, encouraged to use contactless payment rather than cash and some smaller rules like things that dated back to the shop, they will be able to be put on display immediately, they would have to wait 72 hours before being put back on display. and the ability to be hygienic, so washing facilities available, hand sanitiser is, for instance. those will be the sort of things that people will see. it is not all the shops there will be open at that stage, there will still be exceptions and things being kept from us until later. tell us more about those exceptions. one of the kind of shops i was wandering about, will charity shops be reopening? i expect qui

our business correspondent simon gompertz reports. they knew it would be bad, it was even worse.ckdown on the high street plus stockpiling down from its peak. the boss of ryman says shops are in dire straits. i don't think anybody has seen anything like it their whole careers. retail will never, ever be the same again. there will be less footfall in the high street, people have changed their shopping habits, there will be more online business, which means that we have to decrease our fixed costs and that will be rates, rents, and sadly some staffing costs. some of this is obvious, no driving means no petrol and diesel sales. so fuel sales were down 52%, clothing was down 50%, even supermarkets saw a fall, though alcohol sales were up. meanwhile, online shopping surged by 18%, buying in the home by phone and computer. shut the shops and tell people to stay at home, and this is what you get. empty shopping areas and disappearing sales.