Shares in travel and hospitality slide on Johnson's  'tidal wave of Omicron' warning 

Aer Lingus-owner IAG, Ryanair and pub chain JD Wetherspoon have all seen their share prices tumble over the threat of new lockdowns

Prime Minister Boris Johnson warned on Sunday night that the threat of the Covid variant was growing. 

Shares in Aer Lingus-owner IAG, Ryanair, as well as Europe's largest travel firm TUI, and Britain's largest pubs chain JD Wetherspoon, fell by as much as 5.5% as the threat of new lockdowns after Christmas returned to spook investors. 

Travel and hospitality firms across Europe were the worst hit after Boris Johnson warned on Sunday night that the threat of the Covid variant was growing.