Monarch: Almost 1,900 jobs cut - BBC News
Failed airline to lose 1,858 jobs; Travel plans for 860,000 people in chaos; Plus: Tesco trial, FTSE 100 closes up; Wall Street rises.
Business live has been flooded with tales of woe from Monarch travellers, but let's not forgot the staff who have lost their jobs. A reader writes:

"Today, my 20-year-old brother came off his night flight and woke up to an email about a meeting. In this meeting staff were told they were no longer Monarch employees and were being made redundant. No 'thank you' or your service, no apology, just - "we advise you to go to the job centre and sign on".

"My brother is devastated to lose a job he worked so hard for and served his second summer season this year with the company. He has friends that were taken on just a few months ago for the summer season, moving to Birmingham from as far as Scotland only to be let down and left without redundancy money.

"For the company to keep this a secret from the staff and for them to wake up with no job this morning is disgusting. Even if they had been given a warning, some may have been able to look for new jobs or at least get a head start on it.

"I feel so sorry for all the staff, they have been mistreated and deceived and are now left with nothing. Summer season is over now, so other airlines may not have vacancies until next sumner. What are they supposed to do in the meantime?"