Virgin Atlantic chief: UK government should reverse course as pound slumps

Airline boss says weak sterling is hurting both the UK economy and consumers

• Business live: markets brace for further volatility

Virgin Atlantic has urged the government to consider reversing course" after the mini-budget, with the collapsing pound massively driving up costs for airlines.

The chief executive, Shai Weiss, said the economic situation was hurting consumers" and the airline was deeply concerned, even though it believed its own bookings would hold up.