FTSE LIVE: Ryanair in shift to Poland; GlaxoSmithKline embarks on cost cutting drive

Ryanair has warned over job losses for more than 100 pilots and 200 cabin crew as it revealed plans to cut its Dublin-based aircraft fleet by 20 per cent, blaming recent pilot strike action.

Elsewhere today, ITV reported rising half-year profits and sales, thanks to ‘outstanding contributions’ from Love Island and World Cup programming. The company is moving ahead with plans to launch a streaming service to rival Netflix.