IATA warns Covid-19 will cost airlines up to $113bn in revenue this year, as regional airline Flybe collapses, and experts fear others will follow

• Latest: CMA warns against price-gouging
• HSBC sends some staff home at Canary Wharf
• IATA says coronavirus could cost airlines over $100bn
• Flybe passengers stuck at Exeter...2,000 staff hit
  
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1.22pm GMT

HSBC has confirmed that an employee has tested positive for the coronavirus, and that some colleagues from its research department have been sent home while the office is deep-cleaned.

A spokesperson says:

We have been informed that one of our employees at 8 Canada Square has been diagnosed with COVID-19. This colleague is under medical supervision and has self-isolated. We are working closely with the health authorities.

We are deep-cleaning the floor where our colleague worked and shared areas of the building. Colleagues on that floor, and others who came into contact with him, have been advised to work at home. Based on medical and official advice the building remains open and operates as normal.

1.17pm GMT

Back at the British Chambers of Commerce annual meeting today, health secretary Matt Hancock said he was working with the Department for Work and Pensions on a way to extend sickness benefit to all workers.

That could including contract workers and the self employed, my colleague Phillip Inman reports.

“It is vital that the same approach applies to all workers,”

Related: PM: workers with coronavirus will get sick pay from day one